Cointime

Download App
iOS & Android

3AC Founders Kyle Davies and Su Zhu Tagged in Tweet Delivering Court Subpoena

There’s been an interesting contrast between how chatty Three Arrows Capital co-founders Kyle Davies and Su Zhu’s have been on Twitter and how difficult they’ve otherwise been to reach, according to company liquidators.

So it was hardly surprising that after getting permission from the judge overseeing the company’s bankruptcy proceedings, Teneo Restructuring tagged @zhusu and @kyleldavies in a tweet with a copy of a subpoena on Twitter.

@zhusu and @KyleLDavies jpg copies of orders made by the Supreme Court of Singapore against Mr Zhu, Mr Davies and Three Arrows Capital Pte. Ltd. are attached to this tweet by way of service. An unredacted copy of the order was served via email and can be provided upon request. pic.twitter.com/NVFd3pUhi3

— 3ACLiquidation (@3ACLiq) January 5, 2023

The Singapore-based crypto hedge fund, which also goes by 3AC, was ordered to liquidate in June, following weeks of speculation that the company had endured severe losses following the collapse of the TerraUSD algorithmic stablecoin in May. 

Related Reading:

Judge Signs Off on Subpoenas to 3AC’s Su Zhu and Kyle Davies

3AC’s Su Zhu Accuses FTX and DCG of Plotting These Moves Against LUNA

3AC’s Zhu Su, Kyle Davies Have A Week As Liquidator Seek $30M Superyacht Sale

3AC Co-Founder Kyle Davies Shares His Crypto Predictions for 2023

3AC
Comments

All Comments

Recommended for you

  • Endgame Staking Economics: A Case for Targeting

    This post explores the status quo of staking economics, its drawbacks as we see them and what the endgame of staking economics could look like. Read about our separate proposal for an immediate issuance policy update in Electra here 9. Many thanks to Anders, Barnabé, Francesco, Julian, Dankrad, Thomas, Vitalik, Mike, Justin, Jon, Nixo, and Sam for feedback and discussions. Reviews ≠ endorsements. This post expresses opinions of the authors, which may not be shared by reviewers. The work presented here is built on the shoulders of Anders’ 1 prior work:
  • MEV-Boost Withdrawal bug

    AcknowledgementsThis research has been granted by Chorus One. We are grateful to M. Moser and G. Sofia for useful discussions and comments. We acknowledge Data_Always 1 for providing some of the data used in this analysis.
  • Terra founder Do Kwon to be extradited to U.S.

    Terra founder Do Kwon will be extradited to the United States.
  • Cointime February 3 News Express

    1. Ripple payment service "Ripple Payments" plans to return to the US market and launch targeted solutions
  • Cointime January 14 News Express

    1.Digital asset protocol Metaplex will list its Solana inscription on January 162.Investment bank TD Cowen: The U.S. SEC will not approve an Ethereum spot ETF in the short term3.Binance, Kraken and other nine trading platforms have been removed from Google App Store in India4.Barclays economists advance forecast for Fed rate cut to start from June to March5.The Chairman of the U.S. SEC issued a statement on the theft of the SEC's official Twitter account: The impact is still being evaluated and the company is cooperating with law enforcement agencies for
  • Cointime January 7th News Express

    1.Ordinals’ cumulative fee income exceeds 5,400 BTC
  • Cointime December 31st News Express

    1.Linea mainnet has crossed 305,685 ETH
  • Cointime December 24 News Express

    1.RTFKT will launch the Animus project in Q1 2024
  • Cointime December 23 News Express

    1.The U.S. SEC requires Bitcoin spot ETF issuers to confirm authorized participant information in the next update application
  • Internet bandwidth monetization startup Wynd Network completed a $3.5 million seed round led by Polychain Capital and Tribe Capital

    On December 19th, Wynd Network, a startup company focused on allowing users to earn money by selling unused internet bandwidth, announced the completion of a $3.5 million seed round of financing. This round of financing was led by Polychain Capital and Tribe Capital, with participation from Bitscale, Big Brain, Advisors Anonymous, Typhon V, and Mozaik.