Kyle Davies

Former co-founder of the collapsed crypto hedge fund Three Arrows Capital (3AC), Kyle Davies, has publicly stated that he harbors no regret regarding the fund’s bankruptcy. What Happened: In an interview on the Unchained Podcast, aired on March 19, Davies said, “Am I sorry for a company...

A court in the British Virgin Islands has ordered the freezing of approximately $1 billion in assets belonging to the founders of cryptocurrency hedge fund Three Arrows Capital as per the liquidator's report. The court's directive restricts Su Zhu, Kyle Davies, and Davies’...

Currently facing court questioning, Three Arrows Capital co-founder Su Zhu will likely be released from jail soon on good behavioral grounds. What Happened: A Singapore court questioned Zhu for the first time regarding the collapse of the crypto fund. The questioning said to be in private was about...

Su Zhu, one of the founding members of the now-defunct crypto hedge fund, Three Arrows Capital (3AC), was detained at Changi Airport as he tried to depart from Singapore on Friday. In an update, the joint liquidator for 3AC, Teneo, told The Business Times via email that the Singapore...

Dubai's Virtual Assets Regulatory Authority (VARA) imposed a hefty fine of nearly $2.8 million on cryptocurrency exchange OPNX and its founders. OPNX, established by Kyle Davies and Su Zhu, the minds behind the unsuccessful hedge fund Three Arrows Capital (3AC), had previously faced VARA's...

Liquidators from Three Arrows Capital are intensifying their efforts to recoup approximately $1.3 billion from the company’s co-founders, Su Zhu and Kyle Davies. This figure represents the losses allegedly incurred by the duo in the lead-up to the firm's downfall, as per an anonymous...

Dubai's Virtual Assets Regulatory Authority (VARA) has issued a formal warning to the co-founders of the defunct crypto hedge fund Three Arrows Capital for launching and promoting their new digital asset exchange, OPNX, without obtaining the necessary license. The warning was addressed to the...

The liquidators of Three Arrows Capital, a now-defunct hedge fund, have announced plans to sell some of the firm's nonfungible tokens (NFTs) as part of recovery efforts. In a notice published on Wednesday, Teneo Senior Managing Director Christopher Farmer stated "the purpose...

Founders of the beleaguered crypto lending and borrowing firm Three Arrows Capital (3AC) Su Zhu and Kyle Davies announced on Thursday the launch of  the "world's first public marketplace for crypto claims trading and derivatives.” The 3AC founders partnered with...

Talk about an angry tweet. The United States Bankruptcy Court in the Southern District of New York slapped the founders of Three Arrows Capital, a failed crypto hedge fund, with a subpoena on the social media platform Twitter. Liquidators served the subpoena to Three Arrows founders Kyle Davies and...

An order for the delivery of subpoenas to Three Arrows Capital's former leadership, including co-founders Su Zhu and Kyle Davies, has been signed by a federal judge handling the bankruptcy proceedings for the defunct cryptocurrency hedge fund. The subpoenas demand that the founders turn...

Three months after receiving approval from the High Court of Singapore to start looking into 3AC's assets there, liquidators for Three Arrows Capital (3AC) seized $35.6 million from the bank accounts of the defunct cryptocurrency hedge fund in the country. The cash seized by Teneo, the...

The co-founder of the collapsed crypto fund Three Arrows Capital (3AC) says FTX founder Sam Bankman-Fried was allegedly “hunting” the fund's positions and colluding to bring it down. Kyle Davies on Wednesday said he was the biggest critic of the collapsed crypto exchange...

Bankrupt crypto hedge fund firm Three Arrows Capital (3AC) is being probed by two U.S. regulators – the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) to ascertain if the fund violated rules by misrepresenting the health of its balance sheet to...

Crypto hedge fund Three Arrows Capital filed for Chapter 15 bankruptcy protection earlier this month. Since then, the beleaguered fund's legal team has said the whereabouts of its co-founders — Su Zhu and Kyle Davies — are untraceable. Zhu and Davies even missed their...