Cho Su, co-founder of failed cryptocurrency hedge fund Three Arrows Capital, was released from a Singapore prison last month after serving three months for non-cooperation with liquidators. according to South China Morning Newspaper. In an upcoming podcast interview, Mr So spoke about his time behind bars, describing it as a “really interesting experience”. He claimed to have had the “best sleep” of his life while serving his sentence in a Singapore prison, and added that everyone should look forward to spending time inside a cell.
“Obviously no one wants to go to prison, but I think it's a really fun experience overall. Not to the point of recommending it highly per se. But I would say it's something that if everyone tries it once, I think it's good for you.”
Watch the video here:
Sue on his way to prison urges a harmonious return to the natural state of man pic.twitter.com/xQm3yrqipF
— Lucas (PC) 🐂 (@SCHIZO_FREQ) January 22, 2024
Mr. Chow also said he was able to catch up on his reading, get plenty of exercise, and was well-fed with three meals a day and servings of fruit in between.
“Then sleep is great because they turn the light off at 9:30pm and the light comes back on at 5:30am. But because you don't have time for the internet, and you don't have alcohol or caffeine (or) anything else, you'll fall asleep right away.
Since there was no bed in the prison and he had to sleep on the floor, he said, “It's like… a Japanese tatami mat” and is “really good for relieving pressure on the spine.”
He also said that once he adjusted to prison life, he felt a “magical feeling.” “Because you feel a kinship with your ancestors. This is how I was meant to live,” he added.
It is worth noting that his company, Three Arrows Capital, collapsed in July 2022 after it was unable to repay a $667 million loan from Voyager Digital. He was arrested in Singapore last September for failing to cooperate with investigations into the collapse of his cryptocurrency hedge fund. The 36-year-old was initially sentenced to four months in prison, but was released early on standard sentences for good behaviour.
His statements also created a stir online and received mixed reactions. “Su Zhu was so permanently online that he had to literally go to prison to experience the same sense of ‘connection with his ancestors’ that the rest of us get,” Wildcat Protocol creator Lawrence Day wrote in a sarcastic commentary. Than just checking out and walking barefoot on the beach with a cool breeze.
Another wrote: “Turning a negative experience into a positive one is a very powerful skill, but let's not kid ourselves, Cho.” A third added: “The only reason he said that is because he (was) in a Singapore prison. Try a third world prison next time, I doubt he would say the same thing.”