Three arrows capital cofounder on jail i think its definitely good for you – Breaking News & Latest Updates 2026
Skip to main content
The homepageThe VergeThe Verge logo.
The homepageThe VergeThe Verge logo.
Posted
E
External Link
Elizabeth Lopatto
Three Arrows Capital cofounder on jail: “I think it’s definitely good for you.”

That’s Su Zhu; Kyle Davies is still on the lam. But their woes may not yet be over:

Among the most incriminating evidence brought forward against Zhu and Davies is a document they sent to at least one creditor as crypto markets were collapsing in May 2022, claiming 3AC had nearly $2.4 billion under management. Both lenders and people close to the liquidators now believe this number was false, grossly overstating the fund’s assets. “We firmly believe they committed fraud.”

👀

Follow topics and authors from this story to see more like this in your personalized homepage feed and to receive email updates.
Comments
Loading comments
Getting the conversation ready...

Most Popular

Most Popular
  1. The first broken iPhone Duos are here
  2. r/opensource just banned AI, non-English speakers, and more
  3. What to expect from Apple’s ‘Pro and tell’ event
  4. A YouTuber dissected an iPhone Duo and thinks he found the cause of crackgate
  5. Xbox’s first chief operating officer is out after just a few months

More in Crypto

Ledger’s new hardware wallet is an Android phone without the phoneLedger’s new hardware wallet is an Android phone without the phone
Ledger wallet tampering suspected after reports of crypto theftsLedger wallet tampering suspected after reports of crypto thefts
Maybe we shouldn’t give 24-year-olds billions of dollars to bet on AIMaybe we shouldn’t give 24-year-olds billions of dollars to bet on AI
Florida man arrested for allegedly stealing over $200,000 in crypto using Steam game malwareFlorida man arrested for allegedly stealing over $200,000 in crypto using Steam game malware
I went looking for the AI weed vape that gives you Bitcoin for smokingI went looking for the AI weed vape that gives you Bitcoin for smoking
The crypto Clarity Act returns to the Senate this week. The banks are already trying to kill it.The crypto Clarity Act returns to the Senate this week. The banks are already trying to kill it.

Top Stories