Kyle Davies

  • #Three Arrow Capital: The Collapse of a Cryptocurrency Hedge Fund

    According to reports, Kyle Davies and Zhu Su, the founders of Three Arrow Capital, have been ordered to appear in court in the British Virgin Islands on May 22 as part of the liqui

    03/29/2023
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  • Sanjian Capital’s Co-Founder Claims No Pending Litigation or Regulatory Action Amid SEC and CFTC Investigation

    According to reports, Kyle Davies, the co-founder of Sanjian Capital, a closed hedge fund, said that there was no pending litigation or regulatory action against him. Last July, Sanjian Capital filed for bankruptcy. In October this year, the United States Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) launched an investigation on Sanjian Capital because it misled investors in the balance sheet. In December last year, it was reported that the liabilities of Sanjian Capital exceeded US $3 billion, while the assets were only US $1 billion. Davies said that people’s anger stems from the market decline. As far as we are concerned, there are no regulatory actions and lawsuits against us anywhere. According to the previous news, Su Zhu and Kyle Davies, the founders of Sanjian Capital, recently launched Open Exchange (OPNX), a platform that allows users to trade bankruptcy claims and use claims as collateral to trade encrypted derivatives. (CoinDesk) Kyle Davies, co-founder of…

    03/14/2023
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