New court papers claim that the embattled founders of the bankrupt crypto hedge fund Three Arrows Capital are yet to cooperate with liquidation proceedings. 🤯
New court papers claim that the embattled founders of the bankrupt crypto hedge fund Three Arrows Capital are yet to cooperate with liquidation proceedings.
Court papers also suggest that the whereabouts of Kyle Davies and Zhu Su are unknown, but their lawyers have insisted they plan to cooperate. "That risk is heightened because a substantial portion of the Debtor’s assets are comprised of cash and digital assets, such as cryptocurrencies and non-fungible tokens, that are readily transferable."
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Su Zhu and Kyle Davis From Three Arrows Capital Do Not Cooperate: Court FilingSu Zhu and Kyle Davies are rumored to have fled Singapore and their whereabouts are unknown.
Read more »
Zhu Su Breaks the Silence: Three Arrows Capital to Seek Appropriate Sanctions Over Disappointing Court FilingsThe lawyers representing Three Arrows Capital (3AC) founders have called the court filing disappointing and have accused the creditors of baiting their clients.
Read more »
Court Grants Three Arrows Creditors Emergency Hearing as Founders Accused of Not Cooperating With Liquidation Proceeding.3arrowscap founders zhusu and KyleLDavies face court hearing Tuesday, accused of not cooperating with liquidation proceedings. Their location remains unknown. thesamreynolds reports.
Read more »
Three Arrows Founder Says Attempt to Work With Liquidators Met With 'Baiting'Three Arrows Capital co-founder zhusu posted his first tweet in almost a month, saying the crypto fund's liquidators are ignoring attempts to work with them in good faith. By thesamreynolds
Read more »
Three Arrows Capital's Zhu Su breaks silence, accuses liquidators of 'baiting''Sadly, our good faith to cooperate with the liquidators was met with baiting,' Zhu Su says in his first tweet in nearly four weeks.
Read more »
In China, a Three-Digit Score Could Dictate Your Place in SocietyWhen the internet first came to China, the Chinese Communist Party saw it as a threat. But it didn’t take long for the Party to start thinking about gamifying good behavior: (From 2017)
Read more »