Founder Of Three Arrows, The Failed Crypto Fund, Is Living Large

Founder Of Three Arrows, The Failed Crypto Fund, Is Living Large


Mr. Zhu said he was brushing off the criticism. on twitter he replied to a negative article by The Wall Street Journal with citing a reference John F. Kennedy: “We choose to go to the moon in this decade and do other things not because they are easy, but because they are hard.”

“I have already created 75 jobs,” he said during a dinner in Singapore. “At least these guys like me.”

This month, Open Exchange unveiled its own cryptocurrency called OX, like the beast. There was a jump in the price in a couple of days. “I’m getting early 3AC vibes again,” Mr Davis wrote on Twitter on Tuesday. “Nothing compares to the energy of a startup.”

Privately, Mr. Davis is encouraging Three Arrows’ creditors to trade their bankruptcy claims on the open exchange. In January, he creditors invited An “ad hoc 3AC creditor meeting.” But on the call, Mr. Davis spoke the entire time, according to two people familiar with the matter; He ended the session as if trying to ask a question.

Last month in Barcelona, ​​Mr Davies seemed relaxed, talking about the “wonderful cafes” on Las Ramblas, a busy thoroughfare in the heart of the city. One Saturday night, he had a late dinner at El Pescadores, a seafood restaurant near the beach, ordering oysters, croquettes, local wine, and three rounds of whiskey.

By the end of the meal, Mr. Davis was rambling on about business ideas. In Dubai, he said, he has inquired about opening a chicken restaurant, possibly as a cloud kitchen, without any storefront. For a while, he and Mr. Zhu considered making a film about Do Kwon and Luna’s downfall. “Our idea originally was that we would do an empathetic thing,” he said. “We had a whole team that was going to make it to Sundance or whatever.”





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