Co-founder of collapsed crypto hedge fund Three Arrows apprehended in Singapore

Reports say Su Zhu was trying to leave the country

Three Arrows suffered big losses last year. Picture: Bloomberg

The co-founder of Three Arrows Capital, the collapsed crypto hedge fund, has been apprehended in Singapore while trying to leave the country.

Teneo, which is liquidating the defunct firm’s estate, said it received a committal order against Su Zhu after he failed to comply with an earlier Singapore court order compelling him to cooperate with the liquidation investigation. The order sentenced Zhu to four months in prison, according to a statement from Teneo.

Zhu was ...