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Singapore Authorities Arrest Co-founder of 3AC in Bankruptcy Case
Su Zhu, the Co-founder of Three Arrows Capital (3AC), has been arrested in Singapore. His arrest is linked to his alleged failure to cooperate during the bankruptcy proceedings of 3AC, the now-bankrupt crypto lending company. Today (Friday) afternoon at Changi Airport in Singapore, Zhu was arrested. His attempt to leave the country led to his detention, a development confirmed by Teneo, the entity overseeing 3AC's liquidation.3AC was known for its investments in projects like LUNA, Aave, Avalanc...
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Posted: Sep 29 2023, 17:31
Author Name: financemagnates
Views: 112285