Head Topics

Kyle Davies ‘not sorry’ for 3AC collapse, plans to avoid jail

  • 📰 Cointelegraph
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

United States Headlines News

Three Arrows Capital co-founder Kyle Davie isn’t sorry for the collapse of his crypto hedge fund and claimed liquidators exaggerated claims that he and Su Zhu are uncooperative.

Three Arrows Capital co-founder Kyle Davies appeared on a podcast and showed little remorse for his firm’s creditors and said he plans to avoid spending any time in a Singaporean prison.

“Am I sorry for a company going bankrupt? No. Like, companies go bankrupt all the time,” said Davies, laughing. Davies said he would make efforts to avoid returning to Singapore in a bid to avoid risking jail time and claimed he was “in Europe” when asked his whereabouts adding that he “bounced around between Europe and Asia.”, a hybrid bankruptcy claims platform and crypto exchange. In the podcast, Davies described the launch of the company as “very impressive” and asserted that he remained a well-respected figure within the crypto industry.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 562. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

'We’re not going to sit back': Painesville not giving up in land controversyReporter at News 5 Cleveland
Source: WEWS - 🏆 323. / 59 Read more »

East Palestine residents not surprised to learn chemical burn may not have been necessaryReporter at News 5 Cleveland
Source: WEWS - 🏆 323. / 59 Read more »

Boys basketball players of the year: Not one, not two, but an entire teamNorCal Open champion Salesian, the embodiment of a team, receives Bay Area News Group’s top basketball honor.
Source: mercnews - 🏆 88. / 68 Read more »

Patrick Roy not '100% pleased' with Ilya Sorokin's play, but not concerned aboutEAST MEADOW, N.Y. — There is no denying that New York Islanders goaltender Ilya Sorokin has experienced a regression in his numbers this season. 
Source: amNewYork - 🏆 336. / 59 Read more »

Kent State facing backlash after organization says it plans to host Kyle RittenhouseDigital content producer at News 5
Source: WEWS - 🏆 323. / 59 Read more »

Mauricio Umansky Reacts to Kyle Richard's Claim That She Lost Trust (Exclusive)Season 2 of 'Buying Beverly Hills' premieres March 22 on Netflix.
Source: etnow - 🏆 696. / 51 Read more »