From Three Arrows Capital (3AC) Water Zhuand Kylie Davieswas summoned to court in the United States regarding the bankruptcy process.
Three Arrows Capital, which operated in Singapore until the beginning of May, was among the firms that collapsed with the explosion of the Terra stablecoin project during the same period. 3AC later had to star in multiple lawsuits.
Three Arrows was ordered to be liquidated by the British Virgin Islands court in June. With this decision, the consultancy firm Teneo was appointed as the liquidation manager to 3AC. Although some of the assets are saved, the founders are not spared trouble.
Information Requested from Founders of Three Arrows Capital
New York court collapsed Three Arrows CapitalHe wants information about ‘s and investment managers.
A New York judge has agreed to subpoena the founders of Three Arrows Capital as liquidators try to liquidate the collapsed crypto fund.
bankruptcy judge Martin Glenn A court document released on Tuesday stated: “Foreign Representatives and their representatives are authorized to subpoena the Founders, Investment Managers and anyone else who may have knowledge of Three Arrows’ business for the production of documents and testimonies.”
In the document from the Southern District of New York, along with founders Su Zhu and Kyle Davies, 3AC’s NFT arm Starry Night CapitalIncluding the names of many other people and companies involved.
