Three Arrows Liquidators Seek $30 Million From Superyacht (2)

December 3, 2022, 11:18 AM UTC

Insolvency professionals overseeing the cleanup of defunct crypto hedge fund Three Arrows Capital said they have taken control of more than $35 million of hard currencies, seized more than 60 types of digital tokens and even sought $30 million from the sale of a superyacht named “Much Wow” as part of their recovery efforts.

But the lack of cooperation from fund founders Su Zhu and Kyle Davies is complicating the liquidation, which is designed to repay creditors owed more than $3 billion as much as possible. Advisers for Three Arrows have still had only two live conversations -- via video ...

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