3AC co-founder rejects jurisdiction of bankruptcy court, claiming he renounced US citizenship

Kyle Davies, the co-founder of bankrupt crypto hedge fund Three Arrows Capital (3AC), has submitted documentation to court declaring he is totally a person of Singapore and not the United States.In an Aug. 1 filing with U.S. Bankruptcy Court for the Southern District of New York, Davies provided notarized and Apostilled copies of the type applying for the renunciation of his U.S. citizenship on Dec. 15, 2020. Both Davies and 3AC co-founder Su Zhu were subpoenaed on Twitter– now X– in January due to their physical location being unknown, however parties have argued Davies must be held in contempt of court after he neglected the order.” Related: Kyle Davies to contribute future OPNX incomes to 3AC creditors for karmaThe location of both Zhu and Davies following the personal bankruptcy filing for 3AC in July 2022 has been the topic of mass speculation and argument amongst crypto users impacted by the market crash.

Kyle Davies, the co-founder of bankrupt crypto hedge fund Three Arrows Capital (3AC), has submitted documents to court declaring he is fully a citizen of Singapore and not the United States.In an Aug. 1 filing with U.S. Bankruptcy Court for the Southern District of New York, Davies supplied notarized and Apostilled copies of the form applying for the renunciation of his U.S. citizenship on Dec. 15, 2020. Both Davies and 3AC co-founder Su Zhu were subpoenaed on Twitter– now X– in January due to their physical location being unknown, however celebrations have actually argued Davies must be held in contempt of court after he disregarded the order.” Related: Kyle Davies to contribute future OPNX incomes to 3AC lenders for karmaThe whereabouts of both Zhu and Davies following the bankruptcy filing for 3AC in July 2022 has been the subject of mass speculation and argument amongst crypto users affected by the market crash.