Founder of Failed Cryptocurrency Fund Arrested in Singapore: Prison Sentence!

Su Zhu, the founder of the bankrupt cryptocurrency fund Three Arrows Capital, was caught and arrested in Singapore.

According to Bloomberg’s news dated September 29 Three Arrows Capital (3AC) founder Su Zhu, cryptocurrencies Known for its harsh sanctions regarding While trying to leave the country in the Asian country of Singapore caught.

In the statement, the court where Su Zhu appeared He was sentenced to 4 months in prison specified.

Singapore‘s central bank, MAS, in a recent statement, Terra (LUNA) Founders of 3AC, which went bankrupt after its collapse Su Zhu And Kyle Davies‘s regulated financial services industry across the country for 9 years announced that it had banned them from operating.

Fund founders experience Despite everything, there is also a cryptocurrency exchange had established. Announcing that they have launched a cryptocurrency exchange called Open Exchange, Su Zhu said that the exchange is focused on bankrupt crypto companies. to lost money to bring solutions He emphasized his aim.

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