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Wife of Three Arrows co-founder sells SG mansion for $38.5m
Tao Yaqiong, the wife of Three Arrows Capital co-founder Zhu Su, has sold a property in Singapore for S$51 million (US$38.5 million).
This sale occurred despite a freeze on some of the couple’s assets following the collapse of Three Arrows Capital.
The mansion, classified as a good class bungalow, is situated on Dalvey Road near the Singapore Botanic Gardens.
Tao, also known as Evelyn, bought the property for S$28.5 million (US$21.2 million) in 2020 and later redeveloped it.
Three Arrows Capital, once a major cryptocurrency hedge fund, collapsed in 2022 due to high-risk investments in a declining crypto market.
Recent Three Arrows Capital developments
| Timeline |
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30-Jun-2022 ⚠️ Three Arrows pulled up by MAS for false information
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17-Jun-2022 🔒 HK crypto platform caps monthly withdrawals at $1.5k amid Three Arrows Capital turmoil
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16-Jun-2022 ⚠️ Three Arrows Capital accused of swindling $1m by HK crypto firm
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15-Jun-2022 📉 Luna backer Three Arrows Capital may face insolvency amid liquidations
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