The Co-Founding father of the collapsed crypto fund Three
Arrows Capital (3AC), Su Zhu, has confronted questioning in a court docket in Singapore.
This investigation, as reported by Bloomberg, marks a big step within the
seek for solutions by liquidators in search of to get better $3.3 billion for
collectors.
This interrogation, which was performed for 2
days, sought to unravel the mysteries surrounding the collapse of 3AC and the
whereabouts of its belongings. The liquidators have accused Zhu and his Co-Founder, Kyle Davies, of obstructing investigations, aiming to get better $1.3 billion from
the duo.
Zhu’s interrogation, orchestrated by attorneys
representing the liquidator Teneo, delved into the failure of the fund and the
lack of prospects’ belongings. Regardless of the non-public nature of the proceedings, the
media publication reported, citing insiders, that Zhu’s detainment in September
performed an necessary function in these court docket inquiries.
Anticipate ongoing updates as this story evolves…
The Co-Founding father of the collapsed crypto fund Three
Arrows Capital (3AC), Su Zhu, has confronted questioning in a court docket in Singapore.
This investigation, as reported by Bloomberg, marks a big step within the
seek for solutions by liquidators in search of to get better $3.3 billion for
collectors.
This interrogation, which was performed for 2
days, sought to unravel the mysteries surrounding the collapse of 3AC and the
whereabouts of its belongings. The liquidators have accused Zhu and his Co-Founder, Kyle Davies, of obstructing investigations, aiming to get better $1.3 billion from
the duo.
Zhu’s interrogation, orchestrated by attorneys
representing the liquidator Teneo, delved into the failure of the fund and the
lack of prospects’ belongings. Regardless of the non-public nature of the proceedings, the
media publication reported, citing insiders, that Zhu’s detainment in September
performed an necessary function in these court docket inquiries.
Anticipate ongoing updates as this story evolves…
