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Fortune
Fortune
Marco Quiroz-Gutierrez

Cofounder of bankrupt crypto hedge fund Three Arrows Capital arrested trying to flee Singapore

3AC logo (Credit: Photo Illustration by Rafael Henrique—SOPA Images/LightRocket via Getty Images)

Su Zhu, a cofounder of the bankrupt crypto hedge fund Three Arrows Capital, was apprehended by authorities at Singapore Changi Airport as he tried to flee the country on Friday, according to the company’s joint liquidators. 

He reportedly was arrested in accordance with a committal order granted to the liquidators. Zhu allegedly refused to comply with a court order that compelled him to cooperate with their investigation and account for his activities at 3AC, according to a statement from the liquidators.

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