The unexpected ‘gm’ post from “reportedly imprisoned” Su Zhu has led OPNX’s token to spike nearly 50% in minutes. ‘Gm’ is a widely used slang among the crypto community that refers to good morning or “We are gonna make it.”
The post was unexpected, as Zhu was arrested on September 29 at a Singapore airport while trying to flee the country. He was sentenced to 4 months in prison for not complying with a court order to cooperate in the investigation of the 3AC collapse.
However, Zhu’s latest post on X and recent activity on his alleged wallet address, suzhu.eth, suggests that he might be out of prison.
The native token of Open Exchange – co-founded by Zhu Su – OX surged to $0.0214 from $0.014 after the twitter post, according to data from Coinmarketcap.
Open Exchange (OPNX) was founded by the 3AC duo, Zhu Su and Kyle Davies, to trade creditor claims of bankrupt crypto companies. The duo started OPNX after their hedge fund Three Arrows Capital (3AC) collapsed in June 2022.
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