Teneo Advisory claimed that attempts to reach the Three Arrows Capital founders via conventional ways had been unsuccessful
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A U.S. court has been asked for permission by Three Arrows Capital (3AC) liquidators to summon the founders of the troubled crypto hedge fund via 'alternative means.'
Su Zhu and Kyle Davies, the founders of Three Arrow Capital, are still missing, and many claim that they ran away with the money.
The advising firm Teneo said in a court document submitted to the United States Bankruptcy Court Southern District of New York on October 14 that attempts to reach the pair via conventional channels had been unsuccessful because 'the Founders' whereabouts remain unknown.'
Advocatus Law LLP, the 'Singapore counsel, purporting to represent the Founders', has refused to accept the subpoenas on their behalf, and the founders have also 'yet to offer any forthright cooperation', having 'only made themselves directly available for two brief discussions' since the case started.
Because of this, the liquidators urged the court to employ alternative means to serve subpoenas, which is said to involve contacting the pair via their email and Twitter accounts.