DID 3ACS FOUNDERS SPEND 50 MILLION ON A YACHT DESPITE OWING 3 5 BILLION TO 27 FIRMS

Last updated: June 16, 2025, 02:47  |  Written by: Erik Voorhees

Did 3Acs Founders Spend 50 Million On A Yacht Despite Owing 3 5 Billion To 27 Firms
Did 3Acs Founders Spend 50 Million On A Yacht Despite Owing 3 5 Billion To 27 Firms

Founders Of The Beleaguered Crypto

3AC Co-founders Used Fund’s Assets for $50M Yacht, Bungalows

3AC founders spent $50 million on yacht, bungalow

Founders of the beleaguered crypto lending and borrowing firm Three Arrows Capital (3AC), spent $50 million as a down payment for a luxury yacht and another S$ 48.8

A Case In Point Is

A case in point is the latest information about the two founders of Three Arrows Capital (3AC) – Kyle Davies and Su Zhu. Apparently, the two put a $50 million down

A 1,157-page affidavit drafted by liquidator Russell Crumpler and published by Three Arrows Capital’s (3AC) restructuring firm Teneo reveals several details about the

Shocker: Three Arrows Capital Founders Bought $50M Yacht

Matters Appear To Have Gone

“Matters appear to have gone wrong in April or May 2025, when 3AC was reported to have spent between USD $200 to $600 million to purchase ‘Luna,’” the filing says.

Three Arrows Capital owes $3.5 billion to its creditors. The figures were revealed in a 1,157-page court filing document that was released. The document also speaks

Crypto Firm Founders Bought $50M Yacht Before Going Bankrupt

According To The Company

What Happened To Three Arrows Capital (3AC): The Complete

According to the company’s bankruptcy filings, 3AC owes $3.5 billion to 27 companies, including $2.3 billion to Genesis Global Trading. The filings also accuse the two

Here’s How Much Money 3AC Owes to Its Creditors - Investing.com

Three Arrows Capital Managed A

Founders who ‘cannot be trusted’ and a $50 million yacht: New

Did 3AC’s Founders Spend $50 Million on a Yacht Despite Owing

Three Arrows Capital managed a crypto fund worth a reported $10 billion in March, but filed for bankruptcy on July 1. Founders of bankrupt Three Arrows Capital hedge

Just In

JUST IN: Court filings reveal Three Arrows Capital founders Su Zhu and Kyle Davies may have purchased a $50 million yacht with borrowed funds.

Erik Voorhees can be reached at [email protected].

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