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Three Arrows Liquidators Win Power to Subpoena Absent Founders

  • Liquidators plan to contact up to 24 entities for information
  • Founders’ location, intention to cooperate unknown, they say
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How Three Arrows Capital's Collapse Impacted Cryptos
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Three Arrows Capital liquidators won permission to subpoena founders Kyle Davies and Zhu Su -- whose whereabouts remain unknown -- along with banks and digital asset exchanges tied to the cryptocurrency hedge fund.

A federal bankruptcy judge granted the emergency motion in a hearing Tuesday. Liquidators at advisory firm Teneo are seeking to investigate and preserve the assets of the bankrupt hedge fund, and plan to contact as many as 24 entities connected to Three Arrows for more information.