Crypto businessman and fugitive Su Zhu’s $36 million luxury estate in Singapore has been converted into an ecological farm. 😮
According to local media reports, the mansion on Yarwood Avenue in Singapore has been renamed "Yarwood Homes" and is operated by Fengcheng City, a company co-founded by Su Zhu's wife Evelyn Tao. 🏡
The company uses ecological design and agroecology to transform the mansion's garden into a mini-farm, producing vegetables, herbs, fruit, fish and poultry. 🌱🐟🐓
In addition, the bungalow's front lawn has been transformed into 36 vegetable gardens, growing okra, spinach, beans, kale, sesame seeds and radishes. The swimming pool becomes a natural pond with aquatic plants, streams and various fish and shrimps. 🌾🐠
It is worth mentioning that Su Zhu and his spouse purchased the property for US$36 million in March 2022, shortly before the collapse of his Singapore-based hedge fund Three Arrows Capital (3AC). 💰
However, in July 2022, 3AC filed for bankruptcy and faced creditor claims of up to $3.5 billion after a series of leveraged bets on the Terra Luna ecosystem failed. 😢
Su Zhu was arrested at Singapore Changyi International Airport on September 29 after he attempted to leave the country following a court-ordered detention. 🚓
Currently, Su Zhu is sentenced to four months in prison for violations, and the whereabouts of his co-founder Kyle Davies are unknown. 🔍