Who are Zhu Su and Kyle Davies?

Zhu Su and Kyle Davies, the founders of failed crypto hedge fund Three Arrows Capital (3AC), have launched a new crypto project with a novel twist. The platform is called Open Exchange (OPNX) and aims to be the “world's first public marketplace for crypto claims trading and derivatives”.

Where are three arrow founders Su Zhu and Kyle Davies?

As the infamous cryptocurrency hedge fund undergoes a force liquidation and a bankruptcy filing, founders Su Zhu and Kyle Davies have allegedly fled Singapore and their whereabouts are unknown. The creditors’ lawyers in Three Arrow’s bankruptcy hearing have said the founders have yet to cooperate in the proceedings.

Who is Su Zhu?

Su Zhu, the co-founder of bankrupt crypto hedge fund Three Arrows Capital, was arrested Friday afternoon at Changi Airport in Singapore. He had been trying to leave the country when he was detained, according to Teneo, which is overseeing the liquidation of the collapsed fund known as 3AC.

Who is Kyle Davies Davies?

Kyle Davies Davies and Zhu attended high school together, then studied at Columbia University in New York before joining Credit Suisse as derivatives traders in Tokyo. After three years at the Swiss bank, they quit and launched Three Arrows Capital to begin trading traditional currencies in emerging markets.