Who are 3AC founders Su Zhu and Kyle Davies?

3AC founders Su Zhu and Kyle Davies are launching a new crypto exchange. The founders have teamed up with CoinFLEX’s Mark Lamb for their new venture. In an interesting turn of events, Su Zhu and Kyle Davies, the men behind the failed crypto hedge fund Three Arrows Capital (3AC), have launched a new crypto platform.

Did 3AC cofounders move money out of hedge fund?

Three Arrows Capital (3AC) cofounders Su Zhu and Kyle Davies denied allegations by 3AC liquidators that they moved money out of the crypto hedge fund before its collapse. See related article: 3AC founders moved money out of troubled hedge fund, allege liquidators

Did 3AC founders claim death threats forced them into hiding?

See related article: 3AC founders moved money out of troubled hedge fund, allege liquidators Zhu and Davies claimed that they were forced into hiding due to death threats, but they have been “communicating with all relevant authorities,” contradicting the liquidators’ claims of non-cooperation, according to an interview given to Bloomberg.

Is 3AC insolvent?

The now insolvent Three Arrows Capital has $3.5B of debt according to affidavits. The 3AC founders filed a $30M claim against their own company while on the run. 3AC founders Su Zhu and Kyle Davis have just been detained at an airport in Dubai, while trying to board a private jet to Switzerland.