🚨Su Zhu, founder of cryptocurrency hedge fund Three Arrows Capital, was arrested in Singapore after the fund collapsed 📉. The fund, valued at $10 billion, collapsed due to problems with the Terra ecosystem.

😱 Zhu was detained at Changi Airport while trying to leave the country. He received 4 months in prison for non-cooperation with the liquidators.

🔎 The investigation continues, the arrest sparks discussions about compliance with legislation in the crypto industry.

💬 What do you think about this?