ICYMI: Kyle Davies’ wife and Su Zhu are both creditors in the 3AC bankruptcy
Three Arrows Capital co-founder Su Zhu and the wife of co-founder Kyle Davies are among creditors for the collapsed hedge fund.Three Arrows Capital co-founder Su Zhu and the wife of co-founder Kyle Davies are both among creditors that lent money to the collapsed hedge fund.
Davies noted that, as an investor in 3AC, Zhu owned shares that, on December 31, 2021, were worth $1.4 billion. Due to the crypto market crash, this position was largely wiped out, he said.An affidavit by Deribit further claims that, according to on-chain data of wallets believed to be associated with the company, $31.6 million was sent to an address owned by Tai Ping Shan Limited.
on July 7 that it is a separate entity from 3AC and while it acknowledged that Zhu and Davies had an"indirect equity interest" in TPS, it said they did not have any direct control over its operations.appointed
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