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Here’s What Two Crypto Bros Are Doing a Year After Their Company Went Bankrupt
In the fast-paced and unpredictable world of cryptocurrencies, the collapse of a prominent hedge fund can send shockwaves throughout the industry. One such incident involved the bankruptcy of Three Arrows Capital, founded by crypto enthusiasts Kyle Davies and Su Zhu. Renowned for their trading expertise and accurate predictions, the downfall of their company had far-reaching consequences, impacting not only their own reputation but also the savings of countless amateur investors. In this article, we delve into the aftermath of their company’s demise and explore what Davies and Zhu have been up to since then.
The Fall of Three Arrows Capital
With their extensive trading knowledge and influential connections, Kyle Davies and Su Zhu were able to secure significant borrowings from major firms, fueling the growth of Three Arrows Capital. However, the unexpected bankruptcy of their company caused a ripple effect in the crypto world, leading to widespread panic and financial losses. The collapse of Three Arrows Capital raised questions about the actions of the founders and their responsibility in managing investors’ funds.
