Cryptory.net - The recent arrest of Su Zhu, co-founder of Three Arrows Capital, in Singapore on Friday is another instance of the significant downfall experienced by once-successful crypto founders globally.
Cryptory.net - After filing for bankruptcy in July 2022, crypto hedge fund Three Arrows Capital seems to have returned to the crypto market under the new name “3AC Ventures”.
Su Zhu and Kyle Davies, 2 founders of the collapsed crypto hedge fund Three Arrows Capital (3AC), are looking to raise $25 million to start a new crypto exchange.
A New York bankruptcy court has given Voyager green light to pay bonuses to specific employees for ensuring the crypto lender firm can continue operating through bankruptcy proceedings.
Confronting rumors about the disappearance of Three Arrows Capital (3AC) founders, Su Zhu voiced a counterattack, claiming that he was tricked by unnamed liquidators.
In the past few days, it has been reported that the two founders of Three Arrows Capital (3AC) instead of cooperating with liquidators, have fled from Singapore.
