Three Arrows Capital (3AC) liquidators blasted co-founders Zhu Su and Kyle Davies for their non-cooperation affecting the process to return funds to creditors. British Virgin Islands court-appointed liquidator Teneo has seized $35.6 million from Three Arrows Capital’s bank accounts in Singapore and seeks $30 million from the sale of the “Much Wow” superyacht.

Teneo, the advisory firm overseeing the liquidation of crypto hedge fund Three Arrows Capital (3AC), has taken control of some of its assets, according to a presentation deck obtained by The Block.

Liquidators for Three Arrows Capital (3AC) will have to present further documents to grant the permission to subpoena the now-bankrupt crypto hedge fund's founders through Twitter, according to a decision from judge Martin Glenn during a virtual hearing for the Southern District of New York Bankruptcy Court on Dec. 2.

Liquidators for collapsed crypto hedge fund Three Arrows Capital (3AC) today said they seized $35.6 million in cash held by the failed firm in Singaporean banks.

The founders of Three Arrows Capital, or 3AC, the Singapore-based crypto hedge fund with close ties to Terra Labs, have been spending more time engaging on social media and news outlets than dealing with its own liquidation, according to bankruptcy lawyers.

Three Arrows Capital co-founder Su Zhu looks like he may be attempting a comeback amid the fallout over FTX and Sam Bankman-Fried — seen by some as the crypto industry’s newest supervillain. After months of radio silence, Su Zhu remerged on Twitter on Nov. 9, the day after FTX revealed it was suffering from a “liquidity crunch.” (Cointelegraph)

Three Arrows Capital received $1 million on Ethereum from one of its exchange addresses. At press time, the official 3AC wallet holds only 49 ETH and $1.5 million in various liquid and illiquid tokens.