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Three Arrows accused of not cooperating with liquidators investigating digital assets

The founders turned over only a 'pro forma' disclosure of corporate assets that lacked bank account and other key information, the liquidator's lawyer said in court

Court-appointed liquidators for cryptocurrency hedge fund Three Arrows Capital said its founders can’t be located and aren’t cooperating in the investigation of its assets, allegations that the founders denied.

Liquidators installed to take charge of Three Arrows and protect its assets said in court filings last week that founders Su Zhu and Kyle Davies haven’t offered any meaningful cooperation with their investigation. Since then, the founders turned over only a “pro forma” disclosure of corporate assets that lacked bank account and other key information, the liquidators’ lawyer, Adam Goldberg, said in a court hearing on 12 July.

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