An interview with 3AC founders Su Zhu and Kyle Davies, who may be hiding in the UAE, on its “regrettable” collapse, leverage, Luna, risk management, and more
After five weeks in hiding, the disgraced founders of Three Arrows Capital spoke extensively about the spectacular implosion …
Bloomberg
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Discussion
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@cryptohayes
Arthur Hayes
on x
This article is so amazing I don't even know where to begin. Let's dig into this beauty of an interview with Su Zhu and Kyle Davies. https://www.bloomberg.com/...
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@newley
Newley Purnell
on x
“He rejected the perception that he enjoyed an extravagant lifestyle, noting that he biked to work and back every day and that his family ‘only has two homes in Singapore.’” https://www.bloomberg.com/...
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@samrusani
Sami Rusani
on x
You live fast, you die fast. Out with the old, in with the new. https://www.bloomberg.com/...
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@muyaoshen
Muyao Shen
on x
The nature of crypto no doubt has attracted so many opportunists. I should not have been surprised. But after all the bankruptcies and so many stories of ordinary people losing money for believing those promises made by big names like 3AC? I can't accept the view they still hold.
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@defi_dad
@defi_dad
on x
Tell me you're out of touch without telling me. https://twitter.com/... https://twitter.com/...
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@nbougalis
@nbougalis
on x
Kyle Davies and @zhusu are scammers through and through. The avarice that still drives them has always been on full display in their comments and their actions; as has their hubris, frankly, which is nothing short of extraordinary. https://www.bloomberg.com/...
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@freddieraynolds
@freddieraynolds
on x
Good summary of funny sections in the latest 3AC article by @CryptoHayes, I'd add this to the list https://twitter.com/... https://twitter.com/...
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@annairrera
Anna Irrera
on x
“What we failed to realize was that Luna was capable of falling to effective zero in a matter of days and that this would catalyze a credit squeeze across the industry that would put significant pressure on all of our illiquid positions,” @zhusu said.
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@laurashin
Laura Shin
on x
Su and Kyle's first interview. Su says: “People ... [are] gonna, you know, say that I absconded funds during the last period, where I actually put more of my personal money back in. That's not true.” https://www.bloomberg.com/...