This comes after significant sanctions and
had been levied against him and his cofounder Kyle Davies by the Monetary Authority of Singapore in September. Zhu was arrested after a committal order was granted by Singapore Courts, according to the Teneo statement. The order, which was obtained on Sept. 25, was a response to the cofounder's intentional noncompliance with a previous court order compelling him to cooperate with ongoing liquidation investigations and account for his activities related to 3AC.
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