Su Zhu, the co-founder of the defunct hedge fund Three Arrow Capital (3AC) and crypto exchange OPNX, has been jailed in Singapore.
Su Zhu has been one of the most controversial figures in the crypto industry. Some community members have celebrated the news.
Su Zhu Apprehended in Singapore
According to The Business Times, Zhu was arrested at Changi Airport while he was trying to leave Singapore. 3AC liquidators, Teneo, have said that he would be sentenced to four months in prison.
This is a developing story.
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