The United States Bankruptcy Court in the Southern District of New York has subpoenaed Three Arrows Capital (3AC) co-founder Kyle Davies to produce documents related to the company’s assets.
The subpoena, which was served through social media, demands that Davies surrender all physical and digital company documents, as well as provide the contact details of co-founder Zhu and other entities and details of 3AC’s bank accounts and Ethereum addresses.
The subpoena was issued in part due to Davies’ frequent tweets and the difficulty in locating him and Zhu, who are not US citizens or residents.
3AC filed for Chapter 15 bankruptcy in July 2022 to protect its American assets as liquidation proceedings began in its legal domicile, the British Virgin Islands.
The company’s bankruptcy followed leveraged bets on rising crypto prices that turned sour after the collapse of Terra Luna.
