Davies

Teneo

<p>The post <a href="https://coinpedia.org/crypto-live-news/three-arrows-zhu-back-in-court-after-four-month-jail-stint/" rel="noopener noreferrer nofollow">Three Arrows Zhu Back in Court After Four-Month Jail Stint!</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>Su Zhu, co-founder of collapsed crypto fund Three Arrows Capital, faced questioning in a Singapore court this week over the firm’s collapse. Zhu was arrested in September for failing to cooperate with the winding-up process and spent four months in jail. Lawyers for liquidator Teneo sought details on how the fund failed and the whereabouts of assets during the two-day hearing. Zhu and co-founder Kyle Davies are accused of failing to cooperate with the probe, and Teneo is seeking to recover $1.3 billion from the pair. Three Arrows imploded in 2022 as leveraged bets blew up, sparking a $2 trillion crypto rout. Davies’ whereabouts are unknown, and Teneo is in contact with authorities around the world to locate him. Zhu and Davies have not faced criminal charges in Singapore.</p>

Three Arrows Zhu Back in Court After Four-Month Jail Stint!

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