Co-founder of 3AC, collapsed crypto hedge fund, arrested in Singapore
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Su Zhu, co-founder of the now-defunct crypto hedge fund Three Arrows Capital (3AC), has landed in hot water after being arrested at Singapore's Changi Airport on Friday. He was reportedly attempting to leave the country but had failed to comply with a court order that required his cooperation in the liquidation process of 3AC's assets. Teneo, the liquidation firm handling 3AC's assets, then secured a committal order against Zhu, which led to his arrest and a four-month imprisonment.