Why did 3AC's liquidators bounce the collapsed hedge fund founders?

In a court hearing Friday, 3AC’s appointed liquidators blasted the collapsed hedge fund’s founders for talking to the media while repeatedly failing to cooperate with the liquidators' probe. Three Arrows Capital's liquidator has seized $35.6 million from Singaporean banks (The Image Bank/Getty Images)

Which crypto exchanges are pushing for the liquidation of three arrows capital?

Secure Your Seat Crypto exchanges Blockchain.comand Deribit were among the creditors to have pushed for the liquidation of troubled hedge fund Three Arrows Capital (3AC), Bloomberg reported on Friday.

Is 3AC insolvent?

3AC suffered heavy losses in the recent crash in the crypto markets, with the possibility of insolvency reported in mid-Juneafter the firm incurred at least $400 million in liquidations. Crypto derivatives exchange Deribit was among those to liquidate 3AC's capital positions after the hedge fund failed to meet margin calls.

Are liquidators preserving Three Arrows' assets?

Liquidators’ task of hunting down and preserving Three Arrows' remaining assets so that they can be returned to investors isn't an easy one, and the hedge fund's founders Kyle Davies and Su Zhu haven't made it any easier, according to Teneo, which said both men have been uncooperative since the summer.