Billion-Dollar Freeze: Three Arrows Capital Founders Hit with Major Asset Block

A British Virgin Islands court issued an order, freezing around $1 billion in assets of the founders of Three Arrows Capital (3AC). This action against co-founders Su Zhu and Kyle Davies, including Davies’ wife, Kelly Chen, marks a pivotal moment in its ongoing regulatory saga. The court’s intervention, barring the transfer or sale of assets up to $1.14 billion, signifies a heightened... source: https://beincrypto.com/billion-dollar-freeze-three-arrows-capital-founders-asset-block/