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Showing posts with the label founder

3AC founder Su Zhu says prison 'good for you' after four-month stay

Promotional clips of an unreleased podcast with Three Arrows Capital (3AC) founders Su Zhu and Kyle Davies have been shared online, wherein the duo spoke fondly of prison life, the dominance of incel rhetoric, and the ‘goofiness’ of Andrew Tate’s earlier videos. Zhu went to prison for four months in Singapore for attempting to flee the country in violation of a court order. His short stay had a lasting impact, according to clips from the podcast. “I think that it’s an enjoyable experience overall,” Zhu said. “Like, I would say, not to the point of like, highly recommending it per se, but I would say that it’s something that if everyone got to experience once, I think it’s definitely good for you. “ The 3AC founder elaborated on his point, stating that medieval forms of fun are afforded to you in prison. “All the things they allow you to do still in prison are the things that, like, in the ancient days, like, would sti...

Wanted: Authorities look for vanished HEX crypto founder

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After the United States Securities and Exchange Commission (SEC) filed a lawsuit against Richard Shueler, the founder of Hex (HEX), and after failing to serve him in person, the regulator stated it had served him through an alternative method used when it cannot locate the defendant. Indeed, it seems that Shueler, also known as Richard Heart, has been successfully dodging the authorities’ reach since at least August 22, 2023, when they could not find him the first time, according to the SEC’s status report filed to the court on November 21, so the agency was not able to serve him. Failed attempts to serve Shueler Furthermore, the process server started trying to serve Shueler through calls, texts, letters, and in-person at his residence in Helsinki, Finland, around September 13, and all of these attempts failed, although his online presence hasn’t suffered, and he made more than 40 X posts relating to the crypto sector since the report. However, the SEC’s court filing from Decem...

Cardano founder slams Harvard’s free speech policies, praises crypto as solution

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In the recent episode of his podcast, Cardano (ADA) founder Charles Hoskinson discussed one of his favorite topics – freedom of speech and expression – in light of the recent scandal that saw the heads of three large universities in the United States proclaim that their hate speech policies ‘depended on the context.’ Indeed, Hoskinson noted that the Foundation for Individual Rights and Expression (FIRE), which supports the First Amendment of the US Constitution protecting an individual’s right to free speech , has given Harvard, one of these three universities, a score of 0, indicating it had no such freedoms, as he explained on December 13. Inconsistent approach to free speech On the other hand, the presidents of Harvard, Massachusetts Institute of Technology, and the University of Pennsylvania all stated that the qualification of antisemitic speech at their campuses as harassment depended on the context, as they said during a recent Congress hearing on these incide...

Terra founder Do Kwon claims to have funded top Montenegro political party

Former fugitive and Terra founder Do Kwon has claimed to have financed Montenegro ’s political party Europe Now, which could lead the new government in upcoming elections this month. The outgoing prime minister has called on prosecutors to investigate the claims . Kwon’s hand-written letter was sent to current prime minister Dritan Abazović, justice minister Marko Kovač, and the Special State Prosecution. According to sources within the government, the man accused of top crypto fraud has known Europe Now’s leader Milojko Spajić since 2018, and claims the pair met in Belgrade several times. During Spajić’s tenure as finance minister, he promoted blockchain development in Montenegro. Last month, he and Ethereum founder Vitalik Buterin (who was granted Montenegrin citizenship in April) pushed for the country to become a blockchain hub. Kwon’s letter has sparked concerns about his ongoing fraud trial. Kwon was arrested attempting to board a private jet in Montenegro back in March w...

Terra co-founder Do Kwon reportedly indicted for document forgery

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While Terraforms’ Do Kwon and Han Chang-jun are facing charges in Montenegro, the other co-founder, Shin Hyun-seung, still walks free in South Korea. Prosecutors in Montenegro have report edly issued the indictments to Terra co- founder Do Kwon after arresting the executive in late March. The Prosecutor’s Office of the State of Podgorica has indicted former Terraform Labs co-founder and former CEO Kwon for allegedly forging legal documents, the Korean industry-focused news agency Block Media reported on April 20. The charges came a few weeks after Kwon was arrested on March 23 while trying to board a private plane at an airport in Podgorica, the capital of Montenegro. He allegedly was using fake documents while attempting to board the flight to Dubai. Terraform Labs co-founder and former CEO Do Kwon. Source: Block Media Han Chang-jun, Terraform’s former chief financial officer, is facing similar charges, the report says. Han was arrested with Kwon in Podgorica in March. Following th...