SINGAPORE - Co-founder of failed crypto hedge fund Three Arrows Capital (3AC) Zhu Su has been granted a protection order from the state courts against crypto exchange BitMEX co-founder Arthur Hayes. Checks by The Straits Times found that the order, dated May 5, prohibits Mr Hayes from using any threatening, abusive or insulting words or behaviour, or making any threatening,...
Mr Zhu Su was granted a protection order that prohibited Mr Arthur Hayes from using any threatening, abusive or insulting words or behaviour.SINGAPORE - Co-founder of failed crypto hedge fund Three Arrows Capital Zhu Su has been granted a protection order from the state courts against crypto exchange BitMEX co-founder Arthur Hayes.
Mr Hayes had been tweeting at Mr Zhu and 3AC co-founder Kyle Davies primarily with the request to return the US$6 million that he claims he was owed after the hedge fund tanked in 2022. Under the Protection from Harassment Act, failure to comply with the order could result in a fine of up to $5,000, imprisonment for not more than six months, or both.In 2022, Mr Hayes was fined US$10 million and sentenced to six months of home confinement as well as two years of probation for failing to prevent money launderers at BitMEX.
3AC was set up in 2012 by Mr Zhu and Mr Davies, who are both Singapore citizens. The pair had attended United States high school Philips Academy and Columbia University together, and worked as traders at Credit Suisse.
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