The founders of Three Arrows Capital (3AC), Zhu Su and Kyle Davies, were quoted on Twitter on January 5, after liquidators granted permission to Singapore authorities following an order by a US bankruptcy court.
As Cointelegraph reported, lawyers for the liquidators have repeatedly failed to contact the founders in recent months. “A communication protocol was agreed between the liquidators and the founders, but it has not led to satisfactory cooperation.”according to an audience presentation.
The subpoena asks Su and Davies to “provide all documents in their possession, regardless of whether this information is directly in their possession, that of their agents, representatives, employees or investigators, or that of any other entity.” legal or non-legal entity controlled by or affiliated with you in any current or accurate manner”.
If the required documents are no longer in the co-founders’ possession, custody, or control, the subpoena requires them to “indicate the date and nature of the document and explain why the document is not available.”
This is a developing story and will be updated.
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