3AC

March 22, 2024

LayerZero CEO claims Kyle Davies sought full treasury allocation days before 3AC’s fall

LayerZero co-founder and CEO Bryan Pellegrino has accused Kyle Davies of Three Arrows Capital of attempting to convince LayerZero to transfer its entire treasury to Three […]
March 20, 2024

Kyle Davies ‘not sorry’ for 3AC collapse, plans to avoid jail

In a recent episode of the Unchained Podcast, Kyle Davies, co-founder of defunct crypto hedge fund Three Arrows Capital (3AC), expressed his lack of remorse for […]
March 07, 2024

Digital Currency Group files motion to dismiss $3B NYAG lawsuit

In October 2023, the New York Attorney General’s Office (NYAG) filed a $3 billion lawsuit against crypto firms Gemini, Genesis, and DCG, accusing them of defrauding […]
February 07, 2024

BlockFi and 3AC settlement deal gets judge’s go-ahead but remains sealed

A settlement resolving disputes between crypto lender BlockFi and defunct crypto hedge fund Three Arrows Capital (3AC) has received approval from a United States judge. The […]
February 01, 2024

Singapore High Court greenlights DeFiance Capital suit against 3AC

The High Court of Singapore has made a significant ruling in the ongoing legal battle involving the bankrupt crypto hedge fund Three Arrows Capital (3AC) and […]
January 23, 2024

‘Enjoyable experience’ — Su Zhu loved his 3 months in Singapore prison

Su Zhu, the co-founder of the now-defunct hedge fund Three Arrows Capital (3AC), shared his unexpected perspective on his recent incarceration. Zhu described his nearly three-month-long […]
October 05, 2023

Su Zhu’s $36M mansion transformed into eco-farm post-3AC collapse: Report

The 3AC co-founder purchased the Singaporean bungalow in March 2022, shortly before the hedge fund collapsed.   Crypto entrepreneur and escapee, Su Zhu’s luxurious $36 million […]
August 23, 2023

BlockFi argues FTX, Three Arrows Capital aren’t entitled to repayments

BlockFi argues its creditors, not FTX’s, are the “ultimate victims” of FTX’s alleged fraud.   The insolvent cryptocurrency lender BlockFi is striving to obstruct efforts from […]
July 04, 2023

Kyle Davies to donate future OPNX earnings to 3AC creditors for ‘karma’

Voyager is not the only crypto firm incurring hefty legal fees; FTX, for example, has been billed over $120 million in fees.   On July 3, […]

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