Middle East Report


Like this article?

Sign up to our free newsletter

Liquidators may force Three Arrows founders to cooperate

Related Topics

Kyle Davies and Su Zhu, founders of Three Arrows Capital, may be forced to cooperate with the liquidators of the failed crypto hedge fund, according to a report by Bloomberg.

Speaking on behalf of the liquidators during a bankruptcy hearing on Thursday, attorney Adam Goldberg said that Davies and Zhu have so far provided “rather selective and piecemeal disclosures” about the fund’s assets. Should they maintain their current level of cooperation, lawyers will turn to bankruptcy judge Martin Glenn for assistance in compelling the pair to provide more information.

To date, the liquidators, who were appointed by a judge in the British Virgin Islands, have managed to gain control of over $40 million of the fund’s assets, but claims from creditors already top $2.8 billion with that figure expected to rise significantly.

Like this article? Sign up to our free newsletter

Most Popular

Further Reading


Man Group

Talk to Us

What would you like to talk with us about? *