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

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

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