VeChain (vet) 
Kyle Davies, co-founder of the hedge fund Three Arrows Capital, recently sat down with journalist Laura Shin for an in-depth interview. They discussed the progress of the 3AC bankruptcy case, challenges with regulators in various countries, and Davies’ plans post-fund collapse.
During the interview, Davies shared that he has been actively involved in the 3AC bankruptcy proceedings. He mentioned meeting with the liquidator Teneo and regularly engaging with the fund’s creditors. Davies expressed optimism about reaching a settlement and hinted at positive outcomes expected from all parties involved.
Despite the challenges faced by Three Arrows Capital, Davies remains committed to the crypto industry. He believes in sharing the lessons learned from the fund’s collapse to help prevent similar mistakes in the future. Davies is also involved in ventures related to bankruptcy reform and continues to contribute positively to the crypto space through new projects.
The Singapore-registered cryptocurrency hedge fund 3AC filed for bankruptcy in July 2022 due to the inability to meet creditors’ demands amidst a market downturn. The fund, which had $10 billion in assets under management in 2021, saw a significant decline to $3 billion by April 2022, leading to its bankruptcy declaration.
