S STEADY PROGRESS

Last updated: June 17, 2025, 11:49  |  Written by: Dan Larimer

S Steady Progress
S Steady Progress

According To The Company

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

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

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

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

Crypto Firm Founders Bought $50M Yacht Before Going Bankrupt

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

Founders Of The Beleaguered Crypto

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

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

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

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.

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

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

Matters Appear To Have Gone

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

“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.

Shocker: Three Arrows Capital Founders Bought $50M Yacht

3AC founders spent $50 million on yacht, bungalow

Dan Larimer can be reached at [email protected].

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