Three Arrows Capital Co-Founder Su Zhu Arrested in Singapore, Sentenced to Prison
TL;DR
Su Zhu, co-founder of Three Arrows Capital (3AC), a now-defunct crypto hedge fund, has been arrested at Singapore's Changi Airport and sentenced to four months in prison for failing to cooperate with the liquidation investigation. Another co-founder, Kyle Davies, is also facing arrest and imprisonment, with his whereabouts currently unknown. 3AC, which once managed $10 billion in assets, filed for Chapter 15 bankruptcy in July 2022, causing disruptions in the crypto market.
- Three Arrows Capital co-founder Zhu arrested in Singapore airport, sentenced four months in prison TechCrunch
- Three Arrows Capital Co-Founder Zhu Apprehended, Liquidator Says Bloomberg
- Live news: Crypto hedge fund Three Arrows' co-founder Su Zhu arrested in Singapore Financial Times
- Su Zhu of Three Arrows Crypto Fund Has Been Arrested New York Magazine
- Bankrupt Crypto Hedge Fund 3AC's Su Zhu Apprehended in Singapore, Liquidator Says CoinDesk
- View Full Coverage on Google News
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