Who owns three arrows capital?

Three Arrows Capital (also known as 3AC or TAC) was a Singapore -based cryptocurrency hedge fund which was ordered to liquidate on 27 June 2022 by a court in the British Virgin Islands. It was founded in 2012 by Kyle Davies and Su Zhu.

Is crypto hedge fund three arrows in default on $665 million loan?

Wall Street Journal. Retrieved 23 June 2022. ^ "Crypto hedge fund Three Arrows Capital in default on $665 million loan". The Washington Post. Retrieved 28 June 2022. ^ Ng, Serena; Ostroff, Caitlin; Ge Huang, Vicky (29 June 2022). "Crypto Hedge Fund Three Arrows Ordered by Court to Liquidate". Wall Street Journal. Retrieved 30 June 2022.

Where are Davies & Zhu from three arrows capital?

According to court liquidation papers, Davies and Zhu have not been cooperating in the liquidation process of Three Arrows Capital, and their whereabouts was unknown as of 8 July 2022. Three Arrows Capital owes 27 creditors a total of US$3.5 billion.

What happened to three arrows?

Davies’ location is unknown, according to Teneo, the firm that is working on the fund’s liquidation. In the summer of 2022, Three Arrows, which is based in Singapore and managed $4 billion at its peak, filed for bankruptcy after the cryptocurrency markets melted down. When the fund collapsed, a large swath of the industry was dragged down with it.