A lawyer involved in the liquidation process of Three Arrows Capital’s British Virgin Islands fund wants to know where in the world the hedge fund founders Su Zhu and Kyle Davies are. Because the couple has not cooperated in this litigation. and their current location is unknown.
in court documents filed Friday in New York. Lawyers acting on behalf of creditors said fund founder “Haven’t started to cooperate with [การดำเนินการ] any”
the lawyer said Individuals identifying as “Su Zhu” and “Kyle” had one Zoom call, but their video and audio were muted. And they did not directly answer the questions that were asked. with only legal representatives answering questions.
A creditor’s attorney who visited Three Arrows’ offices in Singapore found that The place has been abandoned
Worries of creditors are increasing. When most of the assets belonging to Three Arrows are in the form of cash, crypto, and NFT that are easily transferable.
Specifically, the NFT belonging to the Three Arrows Starry Night NFT Fund has been transferred to the new wallet. for reasons that cannot be explained
While creditors are trying to freeze Three Arrows’ assets, they must first ask the court to force the Three Arrows founders to list the fund’s assets.
They also asked the court to summon the founders and list the company’s assets. This includes regulated wallets, bank accounts, digital assets in possession, derivatives, securities, accounts receivable, and all company records.
Three Arrows Capital (3AC) creditor attorneys petition the court after the founder did not cooperate. Again, not sure where it is now appeared first on Bitcoin Addict.