I have the following three 2 $\times$ 2 complex matrices \begin{equation} I_{xx}=\frac{i}{2}\begin{pmatrix} 0 & i \cr -i & 0 \end{pmatrix},\\ I_{yy}=\frac{-i}{2\sqrt{j^2-g^2}}\begin{pmatrix} -j & ig \cr ig & j \end{pmatrix},\\ I_{zz}=\frac{i}{2\sqrt{j^2-g^2}}\begin{pmatrix} ig & j \cr j & -ig \end{pmatrix}, \end{equation} where $j>g$ are real numbers, $i=\sqrt{-1}$.
It is easy to check that they satisfy the commutation relation (and the Jacobi identity) \begin{equation} \begin{aligned} I_{xx}I_{yy}-I_{yy}I_{xx}=I_{zz}, \\ I_{yy}I_{zz}-I_{zz}I_{yy}=I_{xx}, \\ I_{zz}I_{xx}-I_{xx}I_{zz}=I_{yy}. \end{aligned} \end{equation}
I have the following two contradictory belifs:
Belief (1): This implies $I_{xx}$, $I_{yy}$, $I_{zz}$ form a basis of the su(2) Lie algebra. As the commutation relation is the same as \begin{equation} \begin{aligned} u_1=\frac{1}{2}\begin{pmatrix} 0 & i \cr i & 0 \end{pmatrix},\\ u_2=\frac{1}{2}\begin{pmatrix} 0 & -1 \cr 1 & 0 \end{pmatrix},\\ u_3=\frac{1}{2}\begin{pmatrix} i & 0 \cr 0 & -i \end{pmatrix}, \end{aligned} \end{equation} which is known to form a basis of su(2) Lie algebra (https://en.wikipedia.org/wiki/Representation_theory_of_SU(2)).
Belief (2): $I_{xx}$, $I_{yy}$, $I_{zz}$ don't form a basis of su(2) Lie algebra, as $I_{yy}$ cannot be written as a linear combination of $u_{1,2,3}$.
Question 1: Which belief is correct (i.e., do $I_{xx}$, $I_{yy}$, $I_{zz}$ form a basis of su(2))? What is wrong about the other?
Question 2: Can $I_{xx}$, $I_{yy}$, $I_{zz}$ after exponentiation form an SU(2) Lie group?