Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
Home»ETHEREUM NEWS»Ethereum wallet believed to belong to Su Zhu moves approximately $30,000
ETHEREUM NEWS

Ethereum wallet believed to belong to Su Zhu moves approximately $30,000

By Crypto FlexsNovember 30, 20232 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Ethereum wallet believed to belong to Su Zhu moves approximately ,000
Share
Facebook Twitter LinkedIn Pinterest Email

A wallet believed to belong to Three Arrows Capital (3AC) co-founder Su Zhu has moved funds for the first time since his arrest several months ago.

Etherscan records show several ERC-20 token transactions to and from an address called suzhu.eth on November 29th.

One outgoing transaction included 3.75 million Gearbox (GEAR) tokens, worth just under $30,000. Within minutes of receiving the same tokens, Suzhu.eth transferred the funds to a decentralized exchange called CoW Protocol.

In another outgoing transaction, suzhu.eth moved 1 billion of its ERC-20 tokens called SUZHU to Uniswap V2. Based on Etherscan data, the value of the SUZHU token is 0, but Uniswap data reports a trading volume of $6,274 for the ETH-SUZHU pair in the 24 hours ending November 29 at 11 PM (UTC).

Several other incoming transactions also originated on Uniswap, most but not all. Unlike outgoing transactions, incoming transactions do not require authorized access to Su Zhu’s wallet.

No other outflows of funds since arrest

So far, the most recent money transfer transaction involving Su Zhu’s wallet occurred on or before September 21, just days before his arrest in Singapore on September 29.

At that time, Su Zhu was sentenced to four months in prison. It does not appear that Su Zhu has been convicted of any crime. Instead, Three Arrows Capital’s liquidator, Teneo, reportedly obtained an order allowing police to arrest and jail the executive after Su Zhu failed to cooperate.

The uncertainty about Su Zhu’s current situation means it is unclear whether the deal is suspicious. It is possible that Su Zhu is no longer in prison, has access to the Internet in prison, allowed others to access his wallet, or gave up control of his wallet after his arrest. He may also have arranged for DeFi platforms to automatically access his wallet.

Although Su Zhu does not appear to have admitted to owning the wallet, Arkham Intelligence’s data shows that the wallet belongs to Su Zhu.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

A retail rail can push $2 million a day out of the chain.

October 22, 2025

Fusaka Update – Information for Blob Users

October 18, 2025

Class action lawsuit claims Microsoft choked AI supply to drive up ChatGPT costs

October 14, 2025
Add A Comment

Comments are closed.

Recent Posts

MultiBank Group and Khabib Nurmagomedov Launch an Exclusive Worldwide Multi-Billion-Dollar Joint Venture to Build the World’s First Regulated Tokenized Sports Ecosystem.

October 25, 2025

Bitcoin price surpasses $125,000 and hits ATH.

October 25, 2025

People Are Earning Thousands Of Dollars A Day

October 25, 2025

The $19 billion cryptocurrency collapse: A catalyst for Bitcoin to reach $200,000 by 2025: Standard Chartered

October 25, 2025

Humanity protocol price rises by 70% with launch of sustainable digital ID

October 24, 2025

RIVER Gains 5x Following Binance Perp Listing, Supported By Time-Encoded Airdrop Conversion

October 24, 2025

HYPE price is targeting a 54% rise with a breakout of the falling wedge.

October 24, 2025

Cryptocurrency company Xeltox has been fined C$177M by Canada’s AML regulator.

October 23, 2025

The People’s Robotics Platform Launches To Dominate $218b Industry

October 23, 2025

A Gateway To Early-Stage Crypto Projects And Trading Rewards

October 23, 2025

MEXC Q3 2025 Report Highlights Market Leadership Across New Listings, Security, And Ecosystem Growth

October 23, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

MultiBank Group and Khabib Nurmagomedov Launch an Exclusive Worldwide Multi-Billion-Dollar Joint Venture to Build the World’s First Regulated Tokenized Sports Ecosystem.

October 25, 2025

Bitcoin price surpasses $125,000 and hits ATH.

October 25, 2025

People Are Earning Thousands Of Dollars A Day

October 25, 2025
Most Popular

Bitfinex Securities Launches El Salvador’s First Tokenized Debt to Develop Hilton Hotels

April 12, 2024

Following TRON’s 64% surge, here is TRX’s price outlook for 2025:

December 31, 2024

A top analyst says he sees an upside of more than 110% for his Solana-based Dogecoin rival. Here’s his outlook:

February 17, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.