3AC founders have gone missing amid bankruptcy filing.
July 11, 2022
3AC founders Su Zhu and Kyle Davies fled Singapore and their current location is unknown, according to the company’s bankruptcy filing.
Three Arrows Capital was recently ordered to liquidate by a court in the British Virgin Islands.
Three Arrow Capital’s founders refused to appear on camera or answer questions during judicial proceedings.
Currently, the firm’s founder’s whereabouts are unknown.
Attorneys asked the court to grant them emergency discovery in light of reports that Zhu was attempting to sell a property.
3AC, which was worth billions of dollars last year, filed for bankruptcy last month.
Some in the crypto community are alleging that filing for bankruptcy might be a cover up for the founders’ escape plan.
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