3AC Founders Have This To Say About The Company’s Collapse
July 22, 2022
In an interview with Bloomberg, co-founders Zhu Su and Kyle Davies said Three Arrows Capital had positioned itself for a market that "didn’t end up happening.
Three Arrows Capital founders said, “the whole thing is regrettable” about the company’s collapse
Founders of the crypto hedge fund company went into hiding soon after filing bankruptcy.
3AC handled billions of dollars as one of the leading crypto hedge funds managers before collapsing after the Terra LUNA debacle.
Zhu Su and Kyle Davies admitted that they both suffered deep losses. They also denied allegations they pulled money out of 3AC before it all blew up.
“People may call us stupid. They may call us stupid or delusional. And, I’ll accept that. Maybe,” Zhu said.
Zhu said death threats had forced them into hiding.