The founders of a major crypto hedge fund that went belly up last month, bringing at least one other company down with it, have gone missing, according to court documents. However, one of them surfaced on Twitter.
Monday, claiming the liquidators were “baiting” the founders, who he said had been cooperating in “good faith.” He included screenshots of what appeared to be emails between Three Arrows’ lawyer and the liquidators, in which the lawyer called the liquidators’ behavior “highly disappointing” and said the founders would be seeking “the appropriate sanctions.”
Zhu, Davies, and their attorney did not immediately respond to emails seeking comment. An attorney for the liquidators did not respond to calls or emails. The company was forced into liquidation in the British Virgin Islands in late June and filed for Chapter 15 bankruptcy in New York a few days later. At the time, liquidators told the court they expected a “significant number of creditors” to file claims against the company.
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