Three Arrows Capital

Three Arrows founders fail in appeal for orders to disclose crypto fund dealings to be set aside

The Peirce Hill bungalow, which is in the Ridout Park Good Class Bungalow Area, was developed about 30 years ago.
SINGAPORE PROPERTY

Peirce Hill bungalow owned by wife of 3AC’s Kyle Davies sells for S$37 million

Three Arrows Capital is a failed cryptocurrency hedge fund.

Three Arrows founders appeal to have court summons set aside

Three Arrows, once one of crypto’s most famous hedge funds, collapsed soon after Luna and TerraUSD crashed along with a handful of other large crypto businesses.

Three Arrows liquidators seek US$1.3 billion over 2022 Luna crash

In December 2023, the assets of Three Arrows Capital’s founders, Su Zhu and Kyle Davies, as well as Davies’ wife Kelly Chen, were issued a worldwide freezing order by a court in the British Virgin Islands.

Wife of Three Arrows founder loses court appeal to unfreeze assets, including GCB

The appeal judges say the liquidators’ arguments reflect a risk of inconsistent decisions between the Singapore and BVI courts, but that is just one aspect to consider and is not a point of principle.

Court rules against Three Arrows liquidators in ownership dispute over DeFiance Capital assets

Claims by Three Arrows’ creditors into the crypto hedge fund’s liquidation currently stand at over US$3 billion.

Three Arrows’ liquidators to pay out interim dividend by Mar 31

Cheong incorporated DeFiance Capital in Singapore in May 2022, following Three Arrows’ relocation to Dubai, as he wanted to continue operating DC Fund in the Republic.

DeFiance Capital’s Arthur Cheong gets nod from court to pursue action against Three Arrows

Kyle Davies, co-founder of crypto hedge fund Three Arrows Capital. The claims by Three Arrows’ creditors into the fund’s liquidation remain in excess of US$3 billion, according to Teneo.

Three Arrows founders’ global assets worth US$1.1 billion frozen

The two-day court hearing this week required Zhu (top) to respond to lawyers for the liquidator, Teneo, people familiar with the matter said.

Three Arrows’ Zhu Su probed in Singapore court as liquidators step up hunt for assets