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  • Founders of bankrupt crypto hedge fund 3AC go missing, as investors try to recoup assets

    07/12/2022 8:51:41 AM PDT · by Red Badger · 20 replies
    CNBC ^ | PUBLISHED TUE, JUL 12 20228:29 AM EDT - UPDATED 30 MIN AGO | MacKenzie Sigalos
    *Lawyers representing 3AC’s creditors say the physical whereabouts of Zhu Su and Kyle Davies are “currently unknown.” *The court filing from Friday also alleges that the founders have not yet begun to cooperate with the liquidation process “in any meaningful manner.” *The entire stablecoin market is now worth more than $160 billion. ===================================================================== The co-founders of failed crypto hedge fund Three Arrows Capital appear to be on the run from creditors, according to court documents recently filed in New York. Lawyers representing the creditors say the physical whereabouts of Zhu Su and Kyle Davies, who started Three Arrows in 2012,...