📰 Cryptocurrency news: Su Zhu, co-founder of failed hedge fund Three Arrows Capital (3AC), was arrested at Singapore airport while trying to leave the country.

• Zhu sentenced to 4 months in prison for violating a court order
• 3AC creditors intend to restore the fund’s assets
• 3AC co-founder Kyle Davis was also sentenced to 4 months in prison, but his whereabouts are unknown.
• Singapore authorities banned Zhu and Davis from engaging in investment activities for 9 years