Three Arrows Founders’ Whereabouts Unknown, Liquidators Say (1)

The founders of bankrupt crypto hedge fund Three Arrows Capital haven’t been cooperating in the firm’s liquidation process and their whereabouts were unknown as of Friday, according to court papers.

Representatives tapped to liquidate Three Arrows by a British Virgin Islands judge had “not yet received any meaningful cooperation” from Kyle Davies and Zhu Su, lawyers said in US bankruptcy court filings. Advisory firm Teneo is attempting to round up and preserve the assets of the hedge fund.

A court hearing is set for Tuesday. The liquidators, meanwhile, are trying prevent the potential “dissipation” of the fund’s assets, ...