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"Three Arrows Founders' Whereabouts Are Unknown, Foiling Liquidators"

2022-07-08 [vendor] Three Arrows Capital founders abscond
Primary Source ↗

Incident Details

Kyle Davies and Zhu Su, the founders of Three Arrows Capital, have apparently disappeared after the firm entered bankruptcy proceedings. Although lawyers for the duo have said they intend to cooperate with the proceedings, their whereabouts are unknown, and the liquidators’ lawyers stated they had “not yet received any meaningful cooperation” from either. Those lawyers have expressed concerns that the pair might make off with the remaining funds — a substantial portion of which are cash, cryptocurrencies, and NFTs, and could be easily transferred.

Technical Details

Initial Attack Vector
Protocol collapse / insolvency
Vendor / Product
Three Arrows Capital founders abscond

Timeline

  1. 2022-07-08 Breach occurred
  2. 2022-07-08 Publicly disclosed