* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Thursday, September 4, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    ITV Studios Launches New Entertainment Label – Global Bulletin – IMDb

    ITV Studios Unveils Exciting New Entertainment Label

    TS Entertainment bringing Malibu Jack’s to former Owensboro mall – Lane Report

    TS Entertainment Launches Malibu Jack’s at Former Owensboro Mall Location

    Jenny Han Dropped a Major ‘The Summer I Turned Pretty’ Easter Egg Revealing [SPOILER] – yahoo.com

    Jenny Han Just Unveiled a Huge ‘The Summer I Turned Pretty’ Easter Egg That Changes Everything [SPOILER]

    Liam Payne’s Cousin Ross Harris Honors Late Singer With Emotional Song ‘Bones’ – yahoo.com

    Liam Payne’s Cousin Ross Harris Honors Late Singer with Emotional New Song ‘Bones

    Country music star apologizes after drunken show ends with cops taking him down: ‘I’m not OK’ – PennLive.com

    Country Music Star Apologizes After Drunken Show Ends in Police Intervention: ‘I’m Not OK

    Comanche Nation Entertainment closes casino near Devol – KSWO 7News

    Comanche Nation Entertainment Closes Casino Near Devol in Surprising Move

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Credo Technology Group Holding Ltd. (CRDO) Surpasses Q1 Earnings and Revenue Estimates – Yahoo Finance

    Credo Technology Group Surpasses Q1 Earnings and Revenue Expectations

    The Economist is hiring a science and technology correspondent – The Economist

    Exciting Opportunity: Become Our Next Science and Technology Correspondent!

    Blockchain lender Figure Technology seeks to raise up to $526M in IPO (FIGR:Pending) – Seeking Alpha

    Blockchain Lender Figure Technology Sets Sights on $526M in Thrilling IPO Launch

    New Technology from Ramsey Theory Group Brings Diagnostic Testing and Telehealth Directly into Patients’ Homes – Yahoo Finance

    Revolutionary Ramsey Theory Technology Delivers Diagnostic Testing and Telehealth Right to Your Doorstep

    China’s CATL sells stake in Finnish subcontract car manufacturer – Reuters

    China’s CATL Sells Stake in Finnish Auto Supplier in Strategic Move

    This Secret Technology Will Make The IPhone 17 Super Thin Air – VOI.ID

    How This Breakthrough Technology Will Make the iPhone 17 Incredibly Thin and Lightweight

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    ITV Studios Launches New Entertainment Label – Global Bulletin – IMDb

    ITV Studios Unveils Exciting New Entertainment Label

    TS Entertainment bringing Malibu Jack’s to former Owensboro mall – Lane Report

    TS Entertainment Launches Malibu Jack’s at Former Owensboro Mall Location

    Jenny Han Dropped a Major ‘The Summer I Turned Pretty’ Easter Egg Revealing [SPOILER] – yahoo.com

    Jenny Han Just Unveiled a Huge ‘The Summer I Turned Pretty’ Easter Egg That Changes Everything [SPOILER]

    Liam Payne’s Cousin Ross Harris Honors Late Singer With Emotional Song ‘Bones’ – yahoo.com

    Liam Payne’s Cousin Ross Harris Honors Late Singer with Emotional New Song ‘Bones

    Country music star apologizes after drunken show ends with cops taking him down: ‘I’m not OK’ – PennLive.com

    Country Music Star Apologizes After Drunken Show Ends in Police Intervention: ‘I’m Not OK

    Comanche Nation Entertainment closes casino near Devol – KSWO 7News

    Comanche Nation Entertainment Closes Casino Near Devol in Surprising Move

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Credo Technology Group Holding Ltd. (CRDO) Surpasses Q1 Earnings and Revenue Estimates – Yahoo Finance

    Credo Technology Group Surpasses Q1 Earnings and Revenue Expectations

    The Economist is hiring a science and technology correspondent – The Economist

    Exciting Opportunity: Become Our Next Science and Technology Correspondent!

    Blockchain lender Figure Technology seeks to raise up to $526M in IPO (FIGR:Pending) – Seeking Alpha

    Blockchain Lender Figure Technology Sets Sights on $526M in Thrilling IPO Launch

    New Technology from Ramsey Theory Group Brings Diagnostic Testing and Telehealth Directly into Patients’ Homes – Yahoo Finance

    Revolutionary Ramsey Theory Technology Delivers Diagnostic Testing and Telehealth Right to Your Doorstep

    China’s CATL sells stake in Finnish subcontract car manufacturer – Reuters

    China’s CATL Sells Stake in Finnish Auto Supplier in Strategic Move

    This Secret Technology Will Make The IPhone 17 Super Thin Air – VOI.ID

    How This Breakthrough Technology Will Make the iPhone 17 Incredibly Thin and Lightweight

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Business

Crypto Tycoon Zhu Su Of Three Arrows Capital Nabbed In Daring Escape Attempt From Singapore

September 30, 2023
in Business
Crypto Tycoon Zhu Su Of Three Arrows Capital Nabbed In Daring Escape Attempt From Singapore
Share on FacebookShare on Twitter

According to latest reports, the co-founder of the now-defunct crypto hedge fund Three Arrows Capital, was apprehended in an escape attempt from Singapore. This arrest was made amid growing concerns surrounding his former hedge fund and the recent launch of his crypto exchange, OPNX.

Zhu Su Is Sent To Prison For 4 Months

Zhu Su, the co-founder of the now-defunct cryptocurrency hedge fund Three Arrows Capital (3AC), faced arrest at Changi Airport as he tried to depart Singapore. Later that evening, 3AC’s joint liquidator, Teneo, informed The Business Times that the Singapore Courts had sentenced Zhu to a four-month prison term.

This sentencing stems from a committal order that Teneo secured against Zhu on Sep 25, citing his intentional non-compliance with a previous court directive. This directive mandated Zhu to collaborate with the liquidation investigations and provide a detailed account of his roles and activities as 3AC’s co-founder and former investment manager.

In a parallel development, another committal order, also carrying a four-month imprisonment term, was issued against Kyle Davies, 3AC’s other co-founder. Davies’ current location, however, remains a mystery, as noted by Teneo.

Teneo said, “Throughout the process, the liquidators’ priority has been recovering the assets of 3AC and maximising returns for its creditors.”

During Zhu’s incarceration, Teneo plans to liaise with him concerning 3AC, primarily aiming at the retrieval of assets either owned by 3AC or procured using its funds. Depending on the situation, Teneo might also approach the court for additional orders.

Singapore’s Legal Move Against Three Arrows Capital

Earlier this month, Singapore declared a nine-year prohibition on the founders of the defunct crypto hedge fund, Three Arrows Capital, Zhu Su and Kyle Davis, barring them from engaging in regulated capital market activities.

The Monetary Authority of Singapore, the nation’s central bank and financial overseer, stated that, both individuals are prohibited from holding directorial roles or becoming significant stakeholders in capital market firms within the city. Their involvement in activities such as fund management, asset custodial services, and product financing is also restricted.

Loo Siew Yee, the assistant managing director for policy, payments, and financial crime at the central bank, conveyed that the MAS was deeply troubled by the overt disregard for its regulations by Mr. Zhu and Mr. Davies. She also emphasized the authority’s dedication to implementing strict actions against senior executives involved in such wrongdoing.

The regulatory body highlighted that Zhu and Davies, in their roles as directors, bore the primary responsibility to ensure 3AC’s adherence to regulatory standards. However, findings from the MAS investigation indicated their failure to uphold these duties.

3AC, once stationed in Singapore, emerged as a notable victim during last year’s crypto market downturn. The firm invested in multiple crypto ventures, including Terra Classic USD. This stablecoin, once pegged to the U.S. dollar, sharply declined in 2022, leading to the industry’s “crypto winter.” Facing falling crypto values, 3AC faced financial challenges and went into liquidation as creditors pursued their assets.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : Coinpedia – https://coinpedia.org/news/crypto-tycoon-zhu-su-of-three-arrows-capital-nabbed-in-daring-escape-attempt-from-singapore/

Tags: businessCryptotycoon
Previous Post

Ethereum’s Holesky Test Network Launches Successfully After Initial Setback

Next Post

Co-Founder of Failed Crypto Hedge Fund Apprehended at Changi Airport!

Argentina vs. Venezuela: 2026 World Cup Qualifier preview, odds, how to watch, time – FOX Sports

Argentina vs. Venezuela: 2026 World Cup Qualifier preview, odds, how to watch, time – FOX Sports

September 4, 2025
A big part of the economy grew faster in August, ISM finds, but not because everything is A-OK – MarketWatch

A Key Sector of the Economy Surged in August-but It’s Not All Smooth Sailing

September 4, 2025
Employers prepare for the highest health benefit cost increase in 15 years – Mercer

Employers prepare for the highest health benefit cost increase in 15 years – Mercer

September 4, 2025
Fox News Politics Newsletter: House votes to formalize Epstein probe – Fox News

Fox News Politics Newsletter: House votes to formalize Epstein probe – Fox News

September 4, 2025
Potential caterpillar mimicry in a tropical hummingbird – Falk – 2025 – Ecology – ESA Journals

Tropical Hummingbird’s Surprising Caterpillar Mimicry Revealed

September 4, 2025
Degrees of Science: Healthy Aging – KWTX

Unlocking the Secrets to Healthy Aging: A Science-Based Guide

September 4, 2025
Podcast: Blame, bad drivers, and ‘safety science’ – BikePortland

Podcast: Blame, bad drivers, and ‘safety science’ – BikePortland

September 4, 2025
If you want your 60s to be some of the best years of your life, say goodbye to these 5 behaviors – VegOut

If you want your 60s to be some of the best years of your life, say goodbye to these 5 behaviors – VegOut

September 4, 2025
Credo Technology Group Holding Ltd. (CRDO) Surpasses Q1 Earnings and Revenue Estimates – Yahoo Finance

Credo Technology Group Surpasses Q1 Earnings and Revenue Expectations

September 4, 2025

NFL Week 1 Power Rankings: Eagles Take Early Lead, But Bills Poised to Claim Ultimate Crown

September 4, 2025

Categories

Archives

September 2025
MTWTFSS
1234567
891011121314
15161718192021
22232425262728
2930 
« Aug    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (806)
  • Economy (825)
  • Entertainment (21,704)
  • General (16,852)
  • Health (9,866)
  • Lifestyle (839)
  • News (22,149)
  • People (826)
  • Politics (832)
  • Science (16,035)
  • Sports (21,323)
  • Technology (15,805)
  • World (806)

Recent News

Argentina vs. Venezuela: 2026 World Cup Qualifier preview, odds, how to watch, time – FOX Sports

Argentina vs. Venezuela: 2026 World Cup Qualifier preview, odds, how to watch, time – FOX Sports

September 4, 2025
A big part of the economy grew faster in August, ISM finds, but not because everything is A-OK – MarketWatch

A Key Sector of the Economy Surged in August-but It’s Not All Smooth Sailing

September 4, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version