ChainCatcher message, Trump's official X account posted @ Three Arrows Capital co-founder Kyle Davies, stating that it will send important election updates from North Carolina to Kyle Davies to ensure that Kyle Davies is ready to vote for himself before November 5.

ChainCatcher news, Three Arrows Capital co-founder Kyle Davies stated in an interview with Laura Shin that the lack of any formal legal action taken against him by law enforcement agencies proves that he has not made any false statements. Nearly 2 years have passed since the Three Arrows Capital collapse, and this view remains unchanged. The CFTC and SEC have not contacted them to date, nor has Dubai; only Singapore has had some communication, and documents were submitted a year ago.

ChainCatcher news, according to The Block, LayerZero CEO Bryan Pellegrino stated on social media that Three Arrows Capital co-founder Kyle Davies attempted to persuade LayerZero to invest all of its financial resources into the soon-to-be-defunct hedge fund just days before its collapse.Kyle Davies offered higher interest rates to encourage LayerZero to invest all its funds into 3AC just days before the fund's collapse.Previously, on March 20, Kyle Davies, co-founder of the now-closed crypto hedge fund Three Arrows Capital, stated that he does not regret losing billions of dollars of investor funds and plans to do everything possible to avoid prison.Davies reiterated yesterday his lack of remorse over the collapse of Three Arrows Capital and insisted that despite facing significant backlash on social media for past misconduct, his professional reputation remains intact.

ChainCatcher news, according to Cointelegraph, Kyle Davies, co-founder of the now-closed crypto hedge fund Three Arrows Capital, stated that he does not regret losing billions of dollars of investor funds and plans to do everything possible to avoid prison.Davies reiterated yesterday his lack of remorse over the collapse of Three Arrows Capital and insisted that despite facing significant backlash on social media for past misconduct, his professional reputation remains intact."Do I feel sorry for the company's bankruptcy? No. Companies often go bankrupt," Davies said with a smile.

ChainCatcher news, according to Cointelegraph, Three Arrows Capital co-founder Kyle Davies has been spotted in Bali, continuing to evade authorities regarding the allegations of Three Arrows Capital's collapse. Davies became embroiled in bankruptcy proceedings after the firm’s collapse in 2022, and he was sentenced to four months in prison in Singapore for failing to cooperate with an investigation into his bankruptcy.An anonymous source provided photos showing Davies at the Milk and Madu café in Canggu, Bali, with an unidentified woman on November 8. Additionally, other sources involved in the ongoing bankruptcy proceedings in Singapore confirmed that Kyle Davies is residing in Indonesia. These unpublished images bear a striking resemblance to several photos Davies has posted online over the past two years. Witnesses stated that Davies appeared to be "doing well and happy," with the provided images showing him wearing his signature pink crewneck shirt and sunglasses.Sources from the media indicated that Davies's detention depends on the cooperation of the Bali authorities. After marrying a Singaporean citizen and obtaining citizenship in that country in 2022, Davies renounced his U.S. citizenship and has since successfully evaded U.S. contempt charges related to his bankruptcy case.U.S. Bankruptcy Judge Martin Glenn in the Southern District of New York ruled that the court could not "exercise jurisdiction over Mr. Davies" after Davies's legal representatives submitted evidence proving he is no longer a U.S. citizen. The judge suggested that foreign representatives might consider compelling Davies to comply through the Singapore courts.

ChainCatcher news, according to official sources, the Monetary Authority of Singapore (MAS) has issued a nine-year ban against Mr. Zhu Su and Mr. Kyle Livingston Davies. Both individuals will be prohibited from engaging in any regulated activities and from managing, serving as directors, or becoming major shareholders of any capital markets services company.The Monetary Authority of Singapore accused Three Arrows Capital of providing false information and failing to notify it of the changes in directorship and shareholding of Mr. Zhu and Mr. Davies, as well as exceeding the asset management limits allowed for registered fund management companies. Furthermore, the Monetary Authority of Singapore found that Three Arrows Capital violated certain SFA and SFR regulations between August 2020 and September 2020.Loo Siew Yee, Assistant Director of the Monetary Authority of Singapore, stated: "The senior management of fund management companies must implement sound risk management measures to protect the interests of investors. The Monetary Authority of Singapore takes seriously the blatant disregard for regulatory requirements and the misconduct of Mr. Zhu Su and Mr. Davies. The Monetary Authority of Singapore will take action to remove senior management personnel involved in such misconduct."

ChainCatcher news, Three Arrows Capital (3AC) co-founder Kyle Davies tweeted, "If I had $10 billion, my top priority would be to acquire FTX and restart the platform. The plan is clear, with a few adjustments needed: shutting down Alameda, aligning the investment operations closer to the Three Arrows model, and cutting the PR budget; what remains unchanged is the commitment to a user-first product strategy to drive rapid business growth again."

ChainCatcher news, the co-founder of the crypto hedge fund Three Arrows Capital, Kyle Davies, stated that he has renounced his U.S. citizenship and therefore is not accountable to U.S. courts. Davies mentioned that he successfully became a permanent resident of Singapore in 2017.

ChainCatcher news, according to a report by CoinDesk citing court documents submitted by the bankrupt hedge fund's estate management agency, Three Arrows Capital (3AC) founder Kyle Davies should be held in contempt of court for failing to respond to a subpoena regarding information about 3AC's collapse. The document urges the New York court to impose a daily fine of $10,000 for willfully ignoring previous requests, citing Davies' lavish lifestyle and the substantial profits from running the company. (source link)

ChaiinCatcher news, Open Exchange (OPNX) CEO Leslie Lamb revealed in an interview with 0x137 that OPNX hopes to become the largest cryptocurrency exchange in the future, attracting users through debt claim and retaining them through diversified trading in Crypto.Su Zhu and Kyle Davies made significant contributions in the early ideas and vision, but are currently not involved in the daily operations of OPNX.Leslie Lamb also stated that in terms of claims, OPNX is not only a debt trading channel but also a pricing channel. Even users who cannot use the platform due to regulatory restrictions can leverage OPNX's debt pricing to assist their OTC debt trading. OPNX's asset proof is provided by a third-party auditing firm, and there is no internal market-making team; individual market makers are invited, which is why the initial trading volume is very low. (Source link)

ChainCatcher news, Three Arrows Capital co-founder Kyle Davies stated in an interview at his office in Dubai that there are currently no pending lawsuits or regulatory actions against him.Since the collapse of Three Arrows Capital, Kyle Davies' whereabouts have been a key issue. In a CNBC interview last November, Davies mentioned that he is currently living in Bali, Indonesia. Indonesia and the United Arab Emirates do not have an extradition treaty with the United States.Davies recently launched a cryptocurrency derivatives platform called Open Exchange (OPNX), which allows users to trade bankruptcy claims and use those claims as collateral for trading. (CoinDesk)

ChainCatcher news, according to CoinDesk, court documents show that Three Arrows Capital founder Kyle Davies refused to provide the Three Arrows Capital books and obstructed the investigation into Three Arrows Capital. The documents state that Kyle Davies and Su Zhu "refused to engage in meaningful contact," only disclosing information in fragments. The court will decide on March 2 whether to compel Kyle Davies to comply with the subpoena.ChainCatcher previously reported that the joint liquidators of Three Arrows Capital sent a court subpoena to the two founders, Kyle Davies and Zhu Su, via Twitter. The joint liquidators stated in a statement that they are currently focused on advancing the liquidation process of Three Arrows Capital, but its founders are refusing to cooperate, hence the request to communicate their demands via email and Twitter. (Source link)