The liquidators had been monitoring Zhu in Singapore, where he’s known to host gatherings for crypto executives at his luxury mansion in the upscale Yarwood neighborhood, one of the people said. They then tracked a car traveling to the airport from the mansion, the person said.
Three Arrows Capital co-founder Su Zhu ended up in jail in Singapore after liquidators decided to apply maximum pressure following months of sparring over locating the failed crypto hedge fund’s assets.
Days after securing a Singapore court order carrying a four-month prison term for failing to cooperate with the task of winding up the fund, liquidators tipped police off on Sept 29 that Zhu was headed to Changi Airport, people familiar with the matter said, asking not to be identified discussing private information.
