Founders Of Three Arrows Speak Out On Why They Hid Amidst The Platform’s Failure
Originally posted here.
By: Adewumi Victor
Overview
After five weeks in hiding, the humiliated founders of Three Arrows Capital spoke openly about the tragic demise of their once-flying hedge fund. They claimed to have received threats to their lives, which is why they remained unnoticed. Su Zhu and Kyle Davies, both 35 years old, claimed on Friday that Three Arrows’ margin calls on loans that should never have been made due to their disastrous crypto venture are now descending, according to Bloomberg.
Zhu and Davies attribute Three Arrows’ unexpected demise to their overly optimistic assumptions, with Zhu claiming that they put themselves up …
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