An address affiliated with Three Arrows Capital has received 1 million USDT.
According to Scopescan's monitoring on October 26th, an address associated with Three Arrows Capital received 1 million USDT a few minutes ago.
As previously reported by BlockBeats, on September 29th, the liquidator for the hedge fund Three Arrows Capital stated that its co-founder Zhu Su was arrested in Singapore while attempting to leave. Teneo, the failing cryptocurrency hedge fund's representative, stated that they received a commitment order against Zhu Su after he failed to comply with a court order compelling him to cooperate with the liquidation investigation. According to a statement, Zhu Su was sentenced to four months in prison.