Three Arrows Capital Founders Subpoenaed by Tweet

Three Arrows Capital founders Kyle Davies and Zhu Su were served subpoenas on Twitter by the fund's liquidators.

In a statement, the joint liquidators said they remain focused on diligently advancing the liquidation process for Three Arrows Capital Limited in order to maximize asset recoveries on behalf of creditors. However, since its two founders resisted cooperating in these efforts, they have now received authority from courts in both the US and Singapore to serve them targeted and comprehensive discovery demands through email and their frequently-used Twitter accounts.

Davies' subpoena was granted by a U.S. court, while a dual subpoena was granted by a Singapore court. The subpoenas order the founders to provide information to the firm’s liquidators later this month. Liquidators are seeking documentation of the firm’s accounts, digital assets and any books, papers or records pertaining to the company.