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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.
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