Who are 3AC founders Kyle Davies and Zhu Su?

3AC founders Kyle Davies and Zhu Su have both taken to Twitter to speak on the recent collapse of crypto exchange FTX and its trading arm Alameda Research, saying that the firms were also involved with triggering 3AC’s bankruptcy. “I ran a hedge fund Three Arrows (aka 3AC) with Su for over a decade, 7 to 10 figures organic.

Where are Davies & Zhu from three arrows capital?

According to court liquidation papers, Davies and Zhu have not been cooperating in the liquidation process of Three Arrows Capital, and their whereabouts was unknown as of 8 July 2022. Three Arrows Capital owes 27 creditors a total of US$3.5 billion.

Did 3AC have a terra-Luna problem?

3AC had exposure to Luna and suffered losses. “The Terra-Luna situation caught us very much off guard,” 3AC co-founder Davies told the Wall Street Journal in an interview earlier this month. Contagion risk? Three Arrows Capital is still facing a credit crunch exacerbated by the continued pressure on cryptocurrency prices.

What's going on with Zhu and Davies?

Davies and Zhu have also ignored outreach from creditors and kept their locations hidden in a “prolonged radio silence,” the filing says. The filing also refers to a Zoom call among Davies, Zhu, and their liquidators in which the two founders were on mute with their cameras off.