Three Arrows Capital

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

But Court of Appeal overturns lower court decision that allows liquidators to examine co-founder Zhu Su

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

The price works out to S$2,144 psf on the freehold land area of 17,260 sq ft

Three Arrows Capital is a failed cryptocurrency hedge fund.

Three Arrows founders appeal to have court summons set aside

Zhu Su and Kyle Davies were under the impression they were cooperating with the liquidators, says their counsel

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

LIQUIDATORS for the failed cryptocurrency hedge fund, Three Arrows Capital, are seeking at least US$1.3 billion from TerraForm Labs, the bankrupt digital assets business co-founded by Do Kwon, for los...

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 High Court of Singapore has dismissed an appeal from the wife of a founder of failed crypto hedge fund Three Arrows Capital (3AC) to lift the freezing order on her assets.

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

THE Appellate Division of the High Court of Singapore has dismissed Three Arrows Capital (3AC) and its liquidators’ application for permission to appeal against the Jan 26 court order, which allowed D...

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

THE liquidators of Three Arrows Capital have announced they intend to distribute an interim dividend on or around Mar 31, 2024.

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

THE Singapore High Court has dismissed Three Arrows Capital’s application to set aside the court order that approved DeFiance Capital’s Arthur Cheong to pursue legal action against the collapsed hedge...

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

SOME US$1.1 billion worth of assets of Three Arrows Capital’s founders, Su Zhu and Kyle Davies, as well as Davies’ wife Kelly Chen, have been issued a worldwide freezing order by a court in the Britis...

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

Three Arrows Capital co-founder Zhu Su for the first time faced questioning in a Singapore court about the crypto fund’s collapse, giving liquidators their best chance yet to gather information as the...