3AC Co-Founder Kyle Davies Says He Won’t Apologize for Crypto Hedge Fund Going 'Bankrupt'

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Amitoj Singh is a CoinDesk reporter.

Kyle Davies, the co-founder of the now-defunct Three Arrows Capital , has stated that he is not sorry for the crypto hedge fund going bankrupt. Davies was speaking on an episode of the Unchained Podcast on

“Am I sorry for a company going bankrupt? No, like companies go bankrupt, almost every company goes bankrupt, right?” Davies said about the public sentiment that he had not shown remorse. “It’s how you build or what you do about it. We’re definitely trying our best. We can add value in various ways. At a minimum, we can even tell the next Three Arrows how to do things better when they go bankrupt.

During the interview, Davies also said he didn’t see any reason why he couldn’t return to the U.S. where his family is, but that so far, he had not returned to the U.S. He claimed he was “in Europe” but did not confirm whether he was in Portugal,“Lamb is a token focused on the concepts of Sacrifice, Servant Leadership and the Kingdom of God being within you,” OPNX's X profile said.

 

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