Judge signs off on subpoenas to 3AC's Su Zhu and Kyle Davies
A federal bankruptcy judge approved subpoenas for the founders of Three Arrows Capital, a Singapore-based crypto hedge fund that went belly up earlier this year. The subpoenas call on the 3AC founders and leaders Su Zhu and Kyle Davies to produce all financial information on the company.
Under the subpoena, Zhu, Davies, and other individuals named must produce private keys, seed phrases, and any other means of accessing or controlling fiat assets and digital assets. The hedge fund is in Chapter 15 bankruptcy proceedings in the Southern District of New York's Bankruptcy Court as well as the British Virgin Islands, where the fund was incorporated in May 2021.
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