Crypto fund co-founder arrested, jailed in Singapore: Liquidator ...Middle East

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Crypto fund co-founder arrested, jailed in Singapore: Liquidator
SINGAPORE: One of the co-founders of collapsed cryptocurrency hedge fund Three Arrows Capital has been apprehended in Singapore and jailed for four months, according to the company's liquidator.The Singapore-based company filed for bankruptcy last year when its fortunes suffered a sharp decline after a massive sell-off of assets it had bet on as prices nosedived in crypto markets.Su Zhu was detained at Singapore's Changi airport while trying to leave the city-state, Three Arrows' liquidator Teneo said in a statement late Friday.His arrest came after Teneo said it obtained a committal order this week against Zhu for failing to comply with its investigation into the company's failure.“The comm

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