The founders of Three Arrows Capital, a failed crypto hedge fund, recently received a subpoena from the United States Bankruptcy Court in the Southern District of New York.
The subpoena, which was served by liquidators via the popular social media platform Twitter, targets founders Kyle Davies and Su Zhu.
They have been ordered to produce all documents in their possession (regardless of whether they are held by them directly or by a third party ) while also allowing an inspection of the premises at a designated date and time.
Three Arrows Capital declared bankruptcy in July, leaving many investors out of pocket.
Godfrey BenjaminThe whereabouts of the controversial founders remain unknown despite the fact that they remain active on Twitter.
A spokesperson for Teneo Consulting Group, which is in charge of 3AC's bankruptcy proceedings, noted that the founders had not been willing to provide assistance.
Dan Burgin
U.Today Editorial Team
Vladislav Sopov