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Fugitive founder of crypto hedge fund that lost $10 billion arrested in Singapore while attempting to flee

by Editor September 29, 2023, 5:17 pm 999 Views

Fugitive founder of crypto hedge fund that lost $10 billion arrested in Singapore while attempting to flee

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Authorities have arrested crypto fugitive Su Zhu, co-founder of bankrupt digital asset hedge fund Three Arrows Capital, who was apparently attempting to flee Singapore at the time.

Liquidators handling the bankruptcy estate of the collapsed fund, known as 3AC, said in a statement on Friday that Zhu was apprehended at Changi Airport in Singapore.

Zhu and co-founder Kyle Davies have both been sentenced to…

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Posted by Editor

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