The notorious Zhu Su, the mastermind behind the defunct Three Arrows Capital, has finally been caught in Singapore. 😀
Bloomberg reports that this financial villain was nabbed at the airport, trying to flee like a rat abandoning a sinking ship.
Three Arrows Capital, once a formidable entity in the crypto world, crumbled like a house of cards in 2022, dragging several crypto companies into its vortex of doom. It borrowed heavily from crypto lenders like BlockFi, Voyager, and Celsius, leaving them high and dry when repayment time rolled around. 😡
Zhu Su’s arrest is a symphony to the ears of those who suffered due to his financial machinations. He’s been sentenced to a 4-month stint in the clink by the Singapore Court for his refusal to cooperate and his blatant disregard for court orders.
Teneo, the liquidator, can now ensure that Zhu Su dances to the tune of justice, providing all necessary information and documents related to 3AC during and after his detention. 🎢