Decrypt1d
US Court Approves 3AC's Bid to Expand $1.5B Claim Against FTX
The ruling allows 3AC’s liquidators to pursue a much larger recovery from FTX’s bankruptcy estate, adding to the complexity ...
Hosted on MSN11mon
Grinning failed crypto hedge fund owner Kyle Davies shows no remorse after losing $3.5B in investor cash: ‘Every company goes bankrupt’
Davies and his partner Su Zhu founded 3AC in 2012 and ... The Singapore-based hedge fund managed around $18 billion in crypto assets at its peak. However, 3AC saw heavy losses after the crypto ...
MarketWatch1y
Su Zhu
Banks had started cutting off 3AC as early as 2017 because of its currency arbitrage schemes. In the crash, 3AC's Luna coin holdings reportedly tanked from $500 million to just $604. As of August ...
CoinDesk1y
Worldcoin’s Rocketing WLD Token Could Benefit Creditors of Three Arrows Capital, FTX
An over 200% surge in Worldcoin’s WLD tokens in the past week is seemingly benefiting a key group of investors – creditors of the bankrupt fund Three Arrows Capital (3AC), 3AC founder Su Zhu ...