CoinCu last week reported that The co-founder of failed crypto hedge fund Three Arrows Capital, Zhu Su, was abruptly detained at Changi Airport last Friday (Sep 29) afternoon. Prompted by a court-ordered committal, Zhu Su had the court imposed a four-month prison term consequent to his indifference to cooperate with the investigations enforced by the liquidators. Moreover, as a direct outgrowth of being a co-founder and the before investment manager of 3AC, the six developers from The Block obtained images displaying Zhu and two policemen merely as the confiscation was in progress. Notably, the Open Price of the cryptocurrency dulled drastically following the botched experience amongst entrepreneurs, as threw up by Wu inescapably implying the arrest stemmed from Zhu Su’s contentiousuddin not parting with essentials transacted to liquidators thus gross violation of court orders. It was atypical insofar as recompensing contempt via a seemingly indomitable imprisonment.
