Co-Founder of Failed Crypto Hedge Fund Apprehended at Changi Airport!

ZHU Su, one of the co-founders of Three Arrows Capital, a cryptocurrency hedge fund that failed earlier this year, has been apprehended at Changi Airport in Singapore. He was reportedly trying to leave the country on Friday afternoon. The reason for his apprehension is not yet clear, but it is speculated to be related to the fund’s collapse and the losses incurred by its investors. Three Arrows Capital was launched in 2019 and had managed to raise over $200 million before its closure earlier this year.