Zhu Su: Considering creating a new trading entity, FTX collapse sets industry back 7-8 years

Bloomberg reported that Zhu Su, co-founder of Three Arrows Capital, stated in an interview in Abu Dhabi, "Some industry leaders have said that the collapse of FTX has set the industry back 5 years, but I believe it's more severe, probably seven to eight years. If the fundamental issues are not properly addressed, the setback will be even longer."

Bloomberg reported that Zhu Su, co-founder of Three Arrows Capital, stated in an interview in Abu Dhabi that "some industry leaders have said that the collapse of FTX set the industry back 5 years, but I think it's more severe, probably seven to eight years, if the fundamental issues are not properly addressed, the setback will be even longer."

In addition, Zhu Su mentioned that after months of reflection on the failure of Three Arrows Capital, he is considering establishing a new trading entity, possibly a fund that invests in both crypto assets and traditional assets. "But I think this is not urgent, the domino effect of FTX has just begun, and more dominoes will fall," he added.

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