Su Zhu, one of the founders of bankrupt crypto hedge fund Three Arrows Capital, has been apprehended at Changi Airport in Singapore, the company’s liquidators Teneo said on Friday.
Zhu will spend four months in prison under an arrest order after he did not comply with an order to cooperate with investigations into Three Arrows Capital, which filed for bankruptcy last year, Teneo said in an email.
A similar order has also been granted for Zhu’s co-founder Kyle Davies, but his “whereabouts remain unknown at this point in time,” Teneo said.
Source: Three Arrows Capital co-founder Zhu apprehended in Singapore, liquidators say | Reuters
