Kyle Davies thinks dumping US citizenship may beat prosecutors — experts don’t
Kyle Davies renounced his citizenship back in 2020 before the collapse of 3AC. However, this is unlikely to save him from US prosecutors.
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3AC Ventures: Like 3AC but without the leverage
Three Arrows Capital founders Su Zhu and Kyle Davies, are relaunching the collapsed fund as '3AC Ventures,' this time without leverage.
3AC asks court to fine Kyle Davies $10K a day until he answers subpoena
Documents filed by 3AC demand that Kyle Davies be found in contempt of court for not turning over details of the hedge fund's assets.
3AC founders could be in contempt if they ignore new court order
The court order order stipulates that Davies and Zhu must hand over all documentation relevant to 3AC's bankruptcy by April 14.
Kyle Davies has time to launch crypto exchange but not to answer courts
Kyle Davies was sent a subpoena via Twitter in January but instead of replying has spent his time promoting a new crypto exchange called GTX.
3AC founders and staff hit with subpoenas as feds push for records
The subpoenas will demand that named staff give up anything from company documents and papers to financial records and account details.
New photos of 3AC yacht in Malta show no sign of Davies and Zhu
The yacht, once known as 'MUCH WOW,' was originally ordered by 3AC founders Su Zhu and Kyle Davies but they couldn't afford the payments.