OPNX token spikes 50% after Su Zhu unexpectedly posts a ‘gm’ on Twitter
1 min read![OPNX token spikes 50% after Su Zhu unexpectedly posts a 'gm' on Twitter OPNX token spikes 50% after Su Zhu unexpectedly posts a 'gm' on Twitter](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=1200/https://s3.cointelegraph.com/uploads/2023-12/6ed448be-c5eb-41f7-a324-3cf9567d4a54.jpg)
Open Exchange Token (OX), the native token of the crypto bankruptcy claims platform OPNX, spiked 50% just 20 minutes after co-founder Su Zhu supposedly posted to X (Twitter) for the first time since his arrest.
On Dec. 1, Su posted a simple “gm” — an abbreviation for “good morning” — marking his first X post since Sept. 29, the same day he was
Su and co-founder Kyle Davies founded the exchange following the bankruptcy of their $10 billion Singapore-based crypto hedge fund Three Arrows Capital (3AC) — which folded in June 2022.
Su and Davies both initially fled Singapore after 3AC’s collapse. Su returned and Davies is believed to reside on the Indonesian island of Bali.
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