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3AC fugitives in disarray as OPNX faces new peril: Asia Express

Published 10/06/2023, 09:30 AM
Updated 10/06/2023, 09:40 AM
3AC fugitives in disarray as OPNX faces new peril: Asia Express

Our weekly roundup of news from East Asia curates the industrys most important developments.

On Sept. 29, Su Zhu, co-founder of defunct Singaporean hedge fund Three Arrows Capital (3AC) which prior to its collapse last June managed more than $10 billion in digital assets was apprehended at Singapores Changi International Airport while attempting to flee the country following the issuance of a committal order.

3AC co-founders Kyle Davies (Left) and Su Zhu (Right). (X/Twitter)
3ACs AUM letter. (Voyager)
The Yarwood Homestead Tropical R&D Site. (Abundant Cities)
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