Tag: zhu su

Aug 26 2022

3AC co-founder fears Jail term over liquidator’s misrepresentation

Aug 26 2022 Published at CryptoSlate under tags  bankruptcy three arrows zhu su

Three Arrows Capital co-founder Su Zhu is worried he and other company directors could face jail terms for contempt of court due to the liquidators’ misrepresentation, Bloomberg News reported on August 26. The court-appointed liquidators for 3AC Teneo said the co-founders of the embattled firm have been uncooperative, saying Zhu and...

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...

May 20 2021

Hopium: Four Experts Give You Reasons To Smile Despite The Crypto Bloodbath

Morale is low. Fear is overflowing. What to do? What to do? Turn to the crypto experts and listen to their sweet words of hope, of course. Following a message from our sponsors, check out this antidote for the FUD flowing in the air. 1.- Cathy Wood Sees Capitulation The Ark Invest’s CEO and all-around crypto expert said Bitcoin is...

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