Su Zhu Obtains Restraining Order In opposition to Arthur Hayes

Studying Time: 2 minutes

• Su Zhu has obtained a restraining order in opposition to Arthur Hayes
• Hayes has been mocking Zhu and demanding $6 million again that Hayes says he’s owed from Three Arrow Capital
• The previous Bitmex CEO isn’t allowed to contact Zhu or use abusive or threatening phrases about him

Su Zhu, the co-founder of the collapsed crypto hedge fund Three Arrows Captial (3AC), has obtained a restraining order in opposition to former Bitmex CEO Arthur Hayes after the latter perpetually requested for $6 million of his a reimbursement. Hayes claims that Zhu and his accomplice Kyle Davies owe him the cash on account of the collapse of 3AC and has been pestering them each on Twitter, resulting in Zhu taking motion. Because of this, Hayes isn’t allowed to situation insulting or abusive communications which will trigger Zhu alarm, harassment, or misery.

Hayes Goes on the Offensive

Hayes, in typical type, has not been backwards in coming ahead in regards to the cash he says that Zhu and Davies owe him, utilizing every little thing from oysters to coin listings to demand that the pair repay him. 3AC was among the many largest early casualties of the crypto contagion, owing greater than $1 billion when it collapsed in July last year, with Hayes seemingly among the many collectors.

The pair have since launched Open Exchange, which trades in claims on defunct crypto entities, corresponding to those who the collapse of 3AC helped precipitate. Hayes has taken day trip of his day to criticize and mock Zhu and Davies ’ makes an attempt to boost funds for Open Change, demanding his a reimbursement at each flip:

Awe that’s candy, is that your method of utilizing symbolism to symbolize the $6 million you owe me? 1 Oyster = $1 million … https://t.co/ehWJ4wUfXB

— Arthur Hayes (@CryptoHayes) May 2, 2023

Hayes has additionally made imprecise threats based mostly on purported information of the place Xhu dwelling:

A bit birdie advised me @zhusu is in Singapore making an attempt to maintain a low profile. I do know you ain’t broke brah. Come see daddy and make amends. It gained’t harm I promise … 😘😘😘😘

— Arthur Hayes (@CryptoHayes) April 26, 2023

Hayes has additionally mocked their acumen within the crypto area, making enjoyable of Zhu’s feedback in a Bloomberg interview that he didn’t realize that LUNA could have crashed to zero so rapidly, and has even been utilizing the pair’s Open Change Twitter account to proceed the harassment:

Date, time, and site of Kyle and Su. I guess some collectors would like to have a chat with them. https://t.co/SVAbGHbLaf

— Arthur Hayes (@CryptoHayes) April 13, 2023

Zhu, having clearly had sufficient, went to court docket to cease Hayes from being allowed to say such nasty issues. The choose sided with Zhu and prohibited Hayes from speaking with Zhu by any means and publishing any figuring out details about him. He’s additionally banned from utilizing abusive or threatening phrases in direction of Zhu, though little question Hayes will discover a method.