Tag: kyle davies

Aug 26 2022

Three Arrows Capital (3AC) Co-Founders Embroiled In Fresh Friction With Liquidators As Jailtime Looms: Bloomberg

Summary: 3AC boss Su Zhu accused liquidators of misleading the court and authorities regarding Three Arrows entities and assets. Zhu voiced his concerns via an affidavit in Bangkok, Thailand on August 19. Notably, the 3AC co-founder was present in person for the event. The appearance came days after a Singapore court approved a key petition from lead liquidator Teneo. Co- founder of beleaguered crypto...

Jul 22 2022

Three Arrows Founders Speak Out After Hiding For Weeks Because Of Death Threats

Jul 22 2022 Published at Bitcoinist.com under tags  3ac btcusd crypto news ethusd hedge fund

The disgraced founders of Three Arrows Capital spoke comprehensively about the catastrophic failure of their once-flying hedge fund after five weeks of hiding out. They said that they had received threats to their lives, which is why they remained under the radar. Bloomberg reported on Friday that Su Zhu and Kyle Davies,...

Jul 13 2022

Three Arrows Assets Ordered Frozen By Judge – How Much Deeper 3AC’s Trouble Can Get?

Three Arrows Capital just got itself in deeper trouble while the brains behind the company are nowhere to be found. The New York Southern Bankruptcy Court on Wednesday held an emergency hearing for creditors of the bankrupt crypto hedge company Three Arrows. Multiple news agencies reported that during court proceedings, Judge Glenn Martin ordered that Three Arrows Capital cannot dispose of or transfer...

Jul 12 2022

Three Arrows Capital Founders Nowhere To Be Found, Creditors Say

The founders of Three Arrows Capital are nowhere to be found, a filing by advisory firm Teneo, which is expected to liquidate the remaining assets of the embattled cryptocurrency hedge fund, disclosed. Late in June, Three Arrows filed for Chapter 15 bankruptcy in the British Virgin Islands as a result of a severe selloff in digital currencies. The action was intended to shield...

Jun 17 2022

Three Arrows Capital Founders Come Clean On Insolvency Risks

Jun 17 2022 Published at Coingape under tags  kyle davies news three arrows capital

Three Arrows Capital's co-founders Kyle Davies and Zhu Su in an interview on Friday said the firm is considering asset sales and bailout as the insolvency risk looms. Davies says, after suffering heavy losses from a market-wide selloff in digital assets, the company has hired legal and financial advisers to work on a final solution. Kyle...

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