fbpx

Crypto fund co-founder arrested, jailed in Singapore

crypto-fund-co-founder-arrested,-jailed-in-singapore

ONE of the co-founders of collapsed cryptocurrency hedge fund Three Arrows Capital has been apprehended in Singapore and jailed for four months, according to the company’s liquidator.

The Singapore-based company filed for bankruptcy last year when its fortunes suffered a sharp decline after a massive sell-off of assets it had bet on as prices nosedived in crypto markets.