Liquidators of Crypto Fund Three Arrows Seek to Fine Co-Founder $10,000 Per Day

(Bloomberg) -- Liquidators of Three Arrows Capital want a judge to fine a co-founder Kyle Davies $10,000 per day, claiming their ability to unwind the failed cryptocurrency hedge fund has been impeded by his refusal to cooperate with their investigation into the firm’s collapse.Most Read from BloombergAfrica’s Richest City Is Crumbling Under Chaos and CorruptionA Goldman Partner’s Sexually Explicit Video Led to Millions in SettlementCrispin Odey’s One-Week Downfall Was Decades in the MakingAlpha

• 2023-06-17
• Kyle Davies Bloomberg Martin Glenn Liquidators Three Arrows Capital Three Arrows

FTX sues liquidators of its Bahamian affiliate over crypto exchange ownership

Bankrupt crypto exchange FTX on Sunday sued the liquidators overseeing the wind-down of its Bahamian affiliate FTX Digital Markets, accusing them of wrongly claiming ownership of the exchange's assets. FTX's U.S. based bankruptcy team, led by new CEO John Ray, said in its lawsuit that the liquidators were laying claim to FTX.com’s cryptocurrency, intellectual property, and customer relationships. FTX called FTX DM a "fraudulent enterprise", initially set up only to be a "local service company"

• 2023-03-20
• FTX liquidators