Although it's “not to the point of highly recommending it per se…it's something that if everyone tried it once, I think it's definitely good for you,” Chu said.
He added that among the benefits of his prison term were improved sleep, due to the mandatory lights-out time from 9.30pm to 5.30am and no access to the Internet or drinking alcohol or caffeine.
“I had the best sleep of my life in prison,” he said.
He said sleeping on a mat on the floor took some getting used to, but it gave him a “magical feeling.”
“You feel a kinship with your ancestors,” Zhou said. “Because this is how I was meant to live.”
While some commenters on X welcomed Zhu's comments as inspiring, some also mocked the founder, with one user calling it “the most insane level of coping I've ever seen.”
China's backdoor cryptocurrency traders appear more important than ever to Binance's future
China's backdoor cryptocurrency traders appear more important than ever to Binance's future
Three Arrows Capital, once one of the world's largest cryptocurrency hedge funds, collapsed in June 2022 after a series of leveraged investments exploded, triggering the collapse of a number of other cryptocurrency companies and causing a $2 cryptocurrency market collapse. Trillion US dollars.
Cho was arrested while trying to leave Singapore at Changi Airport last September for not cooperating with the liquidation investigations.
Zhu said in an interview on the X Spaces website that the founder replaced prison with house arrest at the end of November and his sentence ended on December 20. In that interview, he said that he has turned the page on Three Arrows and is focusing on his new project, a cryptocurrency exchange called OPNX.
Chu co-founded OPNX in April last year with Kyle Davies, another Three Arrows co-founder, among others. The founding team also includes Mark Lamb, the former CEO of collapsed cryptocurrency derivatives exchange CoinFlex.
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The founder of cryptocurrency exchange FTX, Sam Bankman Fried, has been convicted by a US court on fraud charges
The founder of cryptocurrency exchange FTX, Sam Bankman Fried, has been convicted by a US court on fraud charges
The company told cryptocurrency news outlet The Block last April that it had moved to Hong Kong, a decision supported by 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 greater regulatory clarity to the cryptocurrency industry as it seeks to become a global hub for virtual assets. The new scheme requires all centralized cryptocurrency trading platforms that either do business in Hong Kong or actively market to investors in the city to be licensed by the Securities and Futures Commission.
