Three Arrows Capital co-founder arrested in Singapore while attempting to flee
- Crypto hedge fund Three Arrows Capital filed for bankruptcy in July 2022 after market downturn.
- Co-founders Su Zhu and Kyle Davies were issued court orders to assist with liquidation investigations.
- Zhu was arrested at Singapore airport and sentenced to 4 months in prison for failing to cooperate.
- Davies' whereabouts are currently unknown but he faces the same 4 month sentence.
- Singapore has banned both founders from working in finance for 9 years due to regulatory breaches.