“I wouldn’t highly recommend it per se, but I think it’s definitely a good thing for everyone to experience at least once,” Zhu said.
Among the benefits in prison were improved sleep due to mandatory lights-out hours of 9:30pm to 5:30am and access to the internet, alcohol and caffeine banned. added.
“I had the best sleep of my life in prison,” he said.
Sleeping on a mat on the floor took some getting used to, he said, but it felt “magical.”
“I feel a closeness to my ancestors,” says Zhu. “Because this is what I was supposed to live like.”
While some X commenters praised Zhu’s comments as inspirational, others mocked the founder, with one user calling it “the best thing I’ve ever seen in my life.” “It’s the craziest level of coping I’ve ever seen.”
China’s backdoor crypto traders are more important than ever to Binance’s future
China’s backdoor crypto traders are more important than ever to Binance’s future
Three Arrows Capital, once one of the world’s largest crypto hedge funds, collapsed in June 2022 after a series of leveraged investments exploded, causing the bankruptcies of many other crypto companies and It caused a trillion US dollar cryptocurrency market crash.
Mr. Zhu was arrested at Changi Airport in September last year when he tried to leave Singapore after failing to cooperate with the liquidation investigation.
The founder was switched from prison to home detention at the end of November, and his sentence ended on December 20, Zhu said in an interview with X Spaces. In the interview, he said he is turning the page on Three Arrows and focusing on a new project: a cryptocurrency exchange called OPNX.
Zhu co-founded OPNX in April last year with Kyle Davis, another co-founder of Three Arrows, and others. The founding team also includes Mark Lam, former CEO of failed cryptocurrency derivatives exchange Coinflex.
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FTX cryptocurrency exchange founder Sam Bankman Fried found guilty of fraud in US court
FTX cryptocurrency exchange founder Sam Bankman Fried found guilty of fraud in US court
Last April, the company told cryptocurrency news outlet The Block that it had moved to Hong Kong with the support of OPNX investors.
OPNX did not immediately respond to a request for comment about its presence in Hong Kong or its plans to comply with the city’s new cryptocurrency regulations.
Hong Kong introduced the regulation last year to provide regulatory clarity to the crypto industry as it aims to become a global crypto asset hub. The new regime will require all centralized crypto trading platforms operating in Hong Kong or actively marketing to Hong Kong investors to be licensed by the Securities and Futures Commission.