Cryptocurrencies

Three Arrows Founders’ Whereabouts Unknown, Liquidators Say

  • Fund founders hadn’t engaged with liquidators as of Friday
  • Singapore office seen vacant with mail piling up under door
Three Arrows Capital office in Singapore.Photographer: Suvashree Ghosh/Bloomberg
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The founders of bankrupt crypto hedge fund Three Arrows Capital haven’t been cooperating in the firm’s liquidation process and their whereabouts were unknown as of Friday, according to court papers.

Representatives tapped to liquidate Three Arrows by a British Virgin Islands judge had “not yet received any meaningful cooperation” from Kyle Davies and Zhu Su, lawyers said in US bankruptcy court filings. Advisory firm Teneo is attempting to round up and preserve the assets of the hedge fund.