Who is three arrows capital?

Representations of cryptocurrency Bitcoin are seen in this illustration taken Jun 16, 2023. (Photo: Reuters/Dado Ruvic) SINGAPORE: One of the co-founders of collapsed cryptocurrency hedge fund Three Arrows Capital has been apprehended in Singapore and jailed for four months, according to the company's liquidator.

Is three arrows a good investment?

At its zenith, Three Arrows counted a few billion dollars under management, making it a major player in the crypto world. Known for its bullish stance, it was also a recipient of loans from firms across the industry, and was a venture investor in some of the industry’s best-known startups.

Why did three arrows go bankrupt?

Three Arrows, which until recently was one of the industry’s most prominent firms, filed for bankruptcy in July after the broad sell-off in digital assets spurred in part by the collapse of the Terra blockchain.

What happened to Zhu & Davies after Three Arrows collapsed?

After Three Arrows collapsed, Zhu and Davies denied wrongdoing and went traveling. Davies spent time in Spain, Bali and elsewhere. Zhu played video games and found a surf instructor. In April, they unveiled a new business, Open Exchange, a marketplace for investors who had lost money during last year’s crypto implosions.