tldr; Kyle Davies, co-founder of the bankrupt Three Arrows Capital (3AC), discussed on the Unchained Podcast his lack of remorse for the fund's collapse and his current fugitive status. Davies and his co-founder, Su Zhu, faced legal issues and public scrutiny after 3AC's failure, which was closely tied to Terra's crash. Both were sentenced to four months in prison for not cooperating with the bankruptcy investigation, but Davies has avoided serving his sentence. He blames their lawyer for not informing them of a crucial court date and expresses hope for a settlement with Singapore authorities. Davies, now in Europe, refuses to apologize for the fund's bankruptcy, suggesting that companies fail and what matters is how one rebuilds afterward.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Amazing to see that he thinks he can just create companies that destroys everyone's wealth is fine as long as he makes money and rebuilds on your back, he should ask SBF how thats working out.
tldr; Kyle Davies, co-founder of the bankrupt Three Arrows Capital (3AC), discussed on the Unchained Podcast his lack of remorse for the fund's collapse and his current fugitive status. Davies and his co-founder, Su Zhu, faced legal issues and public scrutiny after 3AC's failure, which was closely tied to Terra's crash. Both were sentenced to four months in prison for not cooperating with the bankruptcy investigation, but Davies has avoided serving his sentence. He blames their lawyer for not informing them of a crucial court date and expresses hope for a settlement with Singapore authorities. Davies, now in Europe, refuses to apologize for the fund's bankruptcy, suggesting that companies fail and what matters is how one rebuilds afterward. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
That quote would have been better if it came from a suicide note
Amazing to see that he thinks he can just create companies that destroys everyone's wealth is fine as long as he makes money and rebuilds on your back, he should ask SBF how thats working out.
Sorry not sorry