Su Zhu, co-founder of hedge fund Three Arrows Capital has been apprehended at Changi airport in Singapore on Friday, according to the company’s liquidator Teneo.
The hedge fund collapsed in 2022, and interconnections within the industry meant the impact of its collapse quickly brought on a new crypto winter.
Zhu, alongside co-founder Kyle Davies, was the subject of a committal order sentencing him to four months’ imprisonment as a result of failure to comply with a court order.
Davies’ whereabouts remain unknown, the statement added.