Kyle Davies
Co-founder of Three Arrows Capital (3AC), the crypto hedge fund whose 2022 collapse left ~$3.5B in creditor claims. Singapore's MAS banned him for nine years and a court sentenced him to four months for failing to cooperate with liquidators; his whereabouts have been reported as unknown.
Also known as: Kyle Davies
Bio
Kyle Davies co-founded Three Arrows Capital (3AC) with Su Zhu in 2012. The fund's 2022 collapse, following the Terra/LUNA crash and failed margin calls, left roughly $3.5 billion in creditor claims and triggered contagion across the crypto-lending sector. [1][2]
Status
Singapore's MAS issued a nine-year prohibition order against Davies (Sept 2023), and a Singapore court sentenced him to four months for failing to cooperate with 3AC's liquidators. Unlike Zhu, Davies' whereabouts have been reported as unknown; liquidators pursued recovery from both founders. This is a liquidation/contempt matter, not a fraud conviction. [1][2]
Bracketed numbers refer to the numbered sources listed below.
Sources (2)
- Three Arrows Capital co-founder arrested in Singapore (context on Davies) — Banking Dive
- Three Arrows Capital (overview) — Wikipedia
See also
Luke BelmarIndividualsCryptocurrency influencer Luke Belmar (@lukebelmar on X) became the subject of controversy following allegations related to the promotion of a memecoin. Critics on social media alleged that Belmar used a series of posts referencing a forthcoming cryptocurrency project and a large-scale airdrop to generate interest in a token without explicitly identifying a specific contract address. Belmar published multiple posts discussing an upcoming memecoin, describing plans for what he characterized as a major airdrop and making comparisons to other cryptocurrency projects. Because no contract address was publicly provided, several tokens emerged claiming association with his statements. Critics alleged that this ambiguity enabled speculation around multiple tokens while avoiding a direct endorsement of any particular asset.
- Donald BasileIndividualsFounder behind Bitcoin Latinum (LTNM). The SEC charged him in 2026 with defrauding investors of ~$16M by falsely claiming the token was insured and asset-backed, and misappropriating funds for personal use (including a $160,000 horse).
This page was last updated on Jun 15, 2026. View revision history.