The cited record supports the material proposition.
Liquidator Teneo said a Singapore court sentenced co-founder Su Zhu to four months in prison for failing to comply with a court order to help the investigation into the fund's failure.
sentenced Mr Zhu to 4 months' imprisonment
- Claim made by
- Agence France-Presse, press report
- Published
- 30 September 2023
- Evidence score
- 75 How it was scored
- Last reviewed
- 25 October 2026
Why this label
The AFP report, citing liquidator Teneo, states that Su Zhu was detained at Singapore's Changi airport and that a court sentenced him to four months in prisonS4. The jailing followed a committal order for failing to comply with the court order to help the liquidators' investigationS4. Teneo said both founders had not cooperated with efforts to return money to creditorsS4. Co-founder Kyle Davies was committed to four months as well, but the report said his location was not knownS4. This is a press account of a court committal, not the court order text, so the source sits at tier C. The founders earlier said they had been in contact with authoritiesS5.
Current procedural position
Committal order and four-month jail term for Su Zhu reported on 30 September 2023S4. Kyle Davies committed to four months in his absence, whereabouts reported as unknownS4.
Record supporting the assessment
sentenced Mr Zhu to 4 months' imprisonment
Su Zhu was detained at Singapore's Changi airport while trying to leave the city-state.
Conflicting or limiting record
No record located that conflicts with this assessment.
Evidence score: 75 of 100
The score grades how well the record establishes this assessment. It is not a score of Three Arrows Capital Ltd. Score = source authority + directness + corroboration + procedural accuracy + currency + reproducibility.
| Component | Points | Max | Reason |
|---|---|---|---|
| Source authorityIs the source competent to establish the proposition? | 18 | 30 | AFP reports a court committal, but the primary court order was not read. |
| DirectnessDoes the source state the proposition or only discuss adjacent facts? | 17 | 20 | The report states the jail term and the reason directly. |
| CorroborationDo independent records support the same material point? | 11 | 15 | Multiple outlets reported the arrest and jail term the same week. |
| Procedural accuracyDoes the record settle the procedural state the claim describes? | 12 | 15 | A committal and custodial term imposed, reported through the liquidator. |
| CurrencyHas the record been checked against later developments? | 9 | 10 | Checked to October 2026, with no later reversal found. |
| ReproducibilityCan a reader locate the passage and repeat the assessment? | 8 | 10 | The AFP report is public, the underlying Singapore order is not posted online. |
| Total | 75 | 100 |
Timeline
- Teneo says Su Zhu jailed four months over the committal orderS4
Responses
- Su Zhu and Kyle Davies, 22 July 2022: In July 2022 the founders said they had been communicating with all relevant authorities, disputing the non-cooperation claim.S5
Revision history
- Assessment first published with label Supported.
Have a record that changes this assessment? See corrections and responses.
Sources
- S4Tier C Crypto fund co-founder arrested, jailed in Singapore, says company liquidatorAgence France-Presse via Malay Mail. Press report. 30 September 2023.Reports Su Zhu's four-month jail term and the committal order, citing Teneo. It is press colour on a Singapore court order that was not posted online.
- S5Tier C 3AC cofounders resurface after five weeks, deny allegationsForkast (Monika Ghosh). Press report. 22 July 2022.Origin of the founders' denial that they failed to cooperate. It reports their statements, it does not settle whether they cooperated.
Other claims about Three Arrows Capital Ltd
- Supported93The Monetary Authority of Singapore said it issued nine-year prohibition orders against Three Arrows Capital directors Zhu Su and Kyle Livingston Davies that took effect on 13 September 2023.Regulator statement, 14 September 20233 records citedMarket conduct
- Supported90A US bankruptcy court opinion recorded that the British Virgin Islands court ordered Three Arrows Capital into liquidation on 27 June 2022 and appointed joint liquidators, and that the US court recognised the BVI proceeding as a foreign main proceeding.Court filing, 29 December 20223 records citedCorporate status
- Supported91The Monetary Authority of Singapore said it reprimanded Three Arrows Capital Pte. Ltd. in June 2022 for providing false information to MAS and for exceeding the assets under management threshold for a registered fund management company.Regulator statement, 30 June 20223 records citedDisclosure