Digital Assets Report


Like this article?

Sign up to our free newsletter

Three Arrows Capital liquidators granted subpoena for missing founders

Related Topics

The liquidators of Three Arrows Capital (3AC) have been granted a motion to subpoena the missing founders and potential creditors of the troubled cryptocurrency hedge fund, according to a report by BeInCrypto.

Liquidators Teneo secured the motion at a court hearing on 12 July and are also seeking to contact asset exchanges with connections to 3AC in a bid to preserve the hedge fund’s assets. 

Founders Kyle Davies and Su Zhu are reportedly failing to cooperate with Teneo and as of 9 July their whereabouts was unknown. While lawyers representing Zhu and Davies appeared on a Zoom call with Teneo last week they are reported to have been “largely unresponsive to direct questions”.

Like this article? Sign up to our free newsletter

Most Popular

Further Reading