In the midst of battling rumors of Tai Ping Shan (TPS) being involved with Three Arrows Capital, Stefan Chu, TPS’s head of over-the-counter trading, has abruptly left the firm.
According to two people familiar with the situation, Chu left the firm in late July and has since changed his Twitter bio to refer to him as an “ex-TPS.”
Chu’s abrupt departure comes at a time when the company, which was originally referred to as “Three Arrows Capital’s official OTC service,” clarified that it is an independent entity with separate management and operations in an attempt to distance itself from 3AC.
Read more about the collapsed crypto fund Three Arrows Capital at The Crypto Times!
