Davies

Teneo

Coin

<ul class="news-points"> 
 <li>The Three Arrows Capital co-founder Su Zhu was arrested at Singapore Changi Airport while attempting to leave the country.</li> 
 <li>The Singapore Court released committal orders to 3AC co-founders Zhu and Davies for not complying with the liquidation investigation.</li> 
 <li>Liquidator Teneo alleges the co-founders of not cooperating with the liquidators’ endeavor for asset recovery.</li> 
</ul> 
<a href="https://coinedition.com/bankrupt-3ac-ceo-zhu-su-appears-online-after-5-months-of-silence/" rel="noopener noreferrer nofollow">Su Zhu, the co-founder of the bankrupt crypto hedge fund Three Arrows Capital</a>, was reportedly arrested at Singapore Changi Airport while attempting to leave the country following the Singapore Court’s committal order. As per the company’s liquidator, Teneo, the court issued committal orders for both Zhu and <a href="https://coinedition.com/3ac-co-founder-kyle-davies-fails-to-respond-to-subpoena/" rel="noopener noreferrer nofollow">3AC’s other co-founder, Kyle Davies</a>, revealing the court’s decision to sentence both to four months of imprisonment for not complying with the investigation on liquidation. 
In July 2022, following the severe crypto winter, 3AC collapsed, falling into liquidation. Consequently, while liquidators were trying to recover more than $1 billion from the company, 3AC<a href="https://www.cnbc.com/2022/07/02/crypto-hedge-fund-three-arrows-files-for-chapter-15-bankruptcy.html" target="_blank" rel="noopener noreferrer nofollow"> filed</a> for Chapter 15 bankruptcy protection in the U.S. Bankruptcy Court… 
The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/3ac-co-founder-su-zhu-arrested-at-singapore-airport-report/">3AC Co-Founder Su Zhu Arrested at Singapore Airport: Report</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.

3AC Co-Founder Su Zhu Arrested at Singapore Airport: Report

Coin Edition

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