Three Arrows Capital co-founder Su Zhu broke his Twitter silence Tuesday by posting screenshots of an email sent from his legal counsel to legal representatives of Three Arrows’ liquidators, alleging that are “baiting” Zhu and co-founder Kyle Davies and ignoring their attempts to work with them in good faith.
In legal documents filed late Friday, lawyers for Three Arrows’ liquidators said that Zhu and Davies were not cooperating with the proceedings and their location is unknown.
Three Arrows’ legal counsel, Christopher Daniel of Singapore’s Advocatus Law, said his clients had faced threats of physical violence and a number of queries from the Monetary Authority of Singapore.
A court hearing is scheduled for Tuesday morning at the U.S. Bankruptcy Court for the Southern District of New York.
Read more about
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.