Three Arrows Founders Speak Out After Hiding For Weeks Because Of Death Threats

Three Arrows Founders Speak Out After Hiding For Weeks Because Of Death Threats

The disgraced founders of Three Arrows Capital spoke comprehensively about the catastrophic failure of their once-flying hedge fund after five weeks of hiding out. They said that they had received threats to their lives, which is why they remained under the radar. Bloomberg reported on Friday that Su Zhu and Kyle Davies, both 35 years […]


Related News

Three Arrows Capital Founders Speak After Filing Bankruptcy, Exec Says the ‘W...

This week the two co-founders of the embattled cryptocurrency hedge fund Three Arrows Capital spoke to Bloomberg about their fund crumbling at the seams. The co-founders Su Zhu and Kyle Davies did not disclose their whereabouts, but a lawyer who monitored the interview noted the duo is located in the United Arab Emirates. Zhu said that he would “maybe” accept being called “stupid,” but people saying that he “absconded funds during the last period” is “not true.” 3AC Founders Discuss the Company’s Financial Woes The....

South African asset manager denies stealing billions from users, claims $5M w...

AfriCrypt’s founders deny running off with billions in customers funds, asserting they went into hiding after receiving death threats from “dangerous people.” Raees Cajee, the co-founder of South African crypto investment platform AfriCrypt, has denied claims that he and his brother ran off with billions in investor funds, asserting the platform lost $5 million in a hack.Last week, Cointelegraph reported that AfriCrypt — an asset manager purporting to offer daily returns of up to 10% that launched in 2019 — had been accused of disappearing with 69,000 BTC of investor funds in a mysterious....

Three Arrows Capital Founders Nowhere To Be Found, Liquidators Say

The founders of Three Arrows Capital are nowhere to be found, a filing by advisory firm Teneo, which is expected to liquidate the remaining assets of the embattled cryptocurrency hedge fund, disclosed. Late in June, Three Arrows filed for Chapter 15 bankruptcy in the British Virgin Islands as a result of a severe selloff in […]

YFI’s Andre Cronje disappeared after 'death threats'. Will 'love' bring him b...

Top Yearn Finance developer Andre Cronje has disappeared from social media due to 'death threats' — and now the community is posting 'Love Letters' to entice him back. Yearn Finance (YFI) developer Andre Cronje has dropped out of public view after reportedly receiving 'death threats' from the decentralized finance (DeFi) community and becoming ‘demoralized’.Cronje said he had received a variety of threats after investors raced into his unfinished and unreleased protocol, Eminence (EMN), which was then exploited and drained of $15 million in late September. The incident transpired while....

Crypto Biz: 3AC’s founders are nowhere to be found

Liquidators don't know the whereabouts of Kyle Davies and Su Zhu. Meanwhile, Grayscale's legal officer says the asset manager's lawsuit against the SEC could take a while to play out. In the world of crypto, there’s no such thing as “too big to fail.” Three Arrows Capital, once the most recognizable hedge fund in the industry, has essentially gone belly-up after its founders believed their own hype and decided to go full-degen mode during the worst macro climate of a generation. Since the proverbial shit hit the fan last month, founders Kyle Davies and Su Zhu have kept a very low profile.....