Singapore Police Officially Confirm “36-Year-Old Man” Arrested Connected to Crypto Hedge Fund 3AC

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By BitcoinWiki News

Key Takeaways:

– Su Zhu, co-founder of crypto hedge fund Three Arrows Capital (3AC), has been arrested in Singapore
– Singapore Police confirmed the arrest of a 36-year-old man connected to 3AC
– The arrest took place at the Changi Airport
– Su Zhu and co-founder Kyle Davies have each received a four-month prison term
– Su Zhu was found guilty of willfully disobeying court orders related to assisting Teneo in its investigation of claims from creditors and the collapse of the fund
– Davies’ whereabouts are unknown
– The collapse of 3AC had a significant impact on the industry, leading to financial losses for many investors and the bankruptcy of other companies like Voyager Digital
– The fund became insolvent in early May 2022, before it was widely reported.


Co-founder of bankrupt crypto hedge fund Three Arrows Capital (3AC), Su Zhu, has been arrested in Singapore. The Singapore Police have confirmed the arrest but have not revealed the arrested man’s identity or provided further information. Zhu and co-founder Kyle Davies have each received a four-month prison term. Zhu was found guilty of disobeying court orders in relation to assisting the fund’s liquidator, Teneo, with its investigation. The collapse of 3AC had a significant impact on the industry and caused financial losses for many investors. The fund became insolvent in early May 2022, according to Teneo.

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