Singapore Crypto Arrest, India Banknote Deadline, China PMI; Asia Briefing

The start of Golden Week in China and a long weekend in many other parts of Asia for the mid-autumn festival means hundreds of millions are on the move, visiting families, beaches and tourist sites and gorging on mooncakes.

Others have to stay put. The arrest Friday of Three Arrows Capital co-founder Su Zhu in Singapore is the latest example of how former highflying crypto founders around the world are feeling the heat. Here’s how some players feel, a year after the blowup of FTX.