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Why did Teneo liquidate 3 arrows capital?

A British Virgin Islands court appointed Teneo in June last year to liquidate the fund’s assets. 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.

Why did three arrows capital co-founder Su Zhu go to jail?

By Suvashree Ghosh and Joyce Koh (Bloomberg) — 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.

What happened to three arrows capital in 2022?

Three Arrows Capital was one of the first high-profile cryptocurrency firms to collapse in 2022, filing for bankruptcy after being hit by a sharp sell-off in crypto markets. In a November 2022 interview, Davies pushed back on claims from Teneo that he and Zhu were not cooperating with the liquidation process.

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