Singapore tip-off led to arrest of Three Arrows co-founder Zhu Su: Sources

One of the sources said liquidators had been monitoring Three Arrows' Zhu Su in Singapore, where he was known to host gatherings for crypto executives at his bungalow in Yarwood Avenue in Bukit Timah. - ZHU SU/X

SINGAPORE (Bloomberg): Three Arrows Capital co-founder Su Zhu ended up in jail in Singapore after liquidators decided to apply maximum pressure following months of sparring over locating the failed crypto hedge fund’s assets.

Days after securing a Singapore court order carrying a four-month prison term for failing to cooperate with the task of winding up the fund, liquidators tipped police off on Sept 29 that Zhu was headed to Changi Airport, people familiar with the matter said, asking not to be identified discussing private information.