Su Zhu

Su Zhu, the co-founder of the collapsed hedge fund Three Arrows Capital (3AC), said he had the "best sleep" of his life while he was in prison. What Happened: The Singapore Courts sentenced Zhu to a four-month jail term in September, as reported by 3AC’s joint liquidator, Teneo. 3AC co-...

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...

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...

In a recent affidavit, it was revealed that cryptocurrency fund Three Arrows Capital (3AC) used its assets to buy a multi-million-dollar yacht. What Happened: Liquidator Russel Crumpler published a 1,157-page affidavit revealing numerous details of 3AC. Documents revealed that 3AC co-founders Su...

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...

Bankrupt crypto hedge fund Three Arrows Capital's (3AC) assets have been frozen by the New York bankruptcy court after a ruling from a federal judge on Tuesday. What Happened: Judge Martin Glenn of the Southern District of New York granted an emergency motion to freeze 3AC’...

Crypto hedge fund Three Arrows Capital (3AC) filed for Chapter 15 bankruptcy protection earlier this month, and the beleaguered fund's legal team has said its co-founders are untraceable. What is known , is the list of creditors for the hedge fund. The list of Three Arrows Capital...