{"id":83635,"date":"2023-01-17T00:08:12","date_gmt":"2023-01-17T05:08:12","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=83635"},"modified":"2023-01-17T00:09:35","modified_gmt":"2023-01-17T05:09:35","slug":"founders-of-bankrupt-three-arrows-capital-pitch-new-platform-for-crypto-debt-claims","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/01\/2023\/founders-of-bankrupt-three-arrows-capital-pitch-new-platform-for-crypto-debt-claims.html","title":{"rendered":"Founders of bankrupt Three Arrows Capital pitch new platform for crypto debt claims"},"content":{"rendered":"\n<p>(CNBC) The co-founders of failed cryptocurrency hedge fund Three Arrows Capital are now courting investors for a new venture that looks to capitalize on a growing list of bankruptcies in the space. Kyle Davies and Su Zhu are listed as founding members in a pitch deck obtained by CNBC for a distressed debt marketplace called GTX. Davies and Zhu founded Three Arrows Capital, a once <a href=\"https:\/\/www.cnbc.com\/2022\/07\/11\/how-the-fall-of-three-arrows-or-3ac-dragged-down-crypto-investors.html\">$10 billion<\/a> Singapore-based hedge fund that filed for bankruptcy in July. The fund, also known as 3AC, <a href=\"https:\/\/www.cnbc.com\/2022\/06\/29\/crypto-hedge-fund-three-arrows-capital-plunges-into-liquidation.html\">was ordered to liquidate<\/a> by a British Virgin Islands court after a plunge in prices and risky trades left it unable to repay lenders.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2023\/01\/16\/founders-of-three-arrows-capital-pitch-platform-for-crypto-bankruptcy-claims.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) The co-founders of failed cryptocurrency hedge fund Three Arrows Capital are now courting investors for a new venture that looks to capitalize on a growing list of bankruptcies in the space. Kyle Davies and Su Zhu are listed as [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-83635","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/83635","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=83635"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/83635\/revisions"}],"predecessor-version":[{"id":83636,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/83635\/revisions\/83636"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=83635"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=83635"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=83635"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}