Three Arrows Capital co-founder Kyle Davies appeared on a podcast and showed little remorse for his firm’s creditors and said he plans to avoid spending any time in a Singaporean prison.
Defunct crypto hedge fund Three Arrows Capital (3AC) co-founder Kyle Davies says he’s not sorry he lost billions of investor funds and plans to avoid jail time however possible.
On a March 19 episode of the Unchained Podcast, Davies reiterated his lack of remorse for the collapse of 3AC and remained adamant that his professional reputation was still intact despite receiving outsized backlash for his past misdeeds on social media.
“Am I sorry for a company going bankrupt? No. Like, companies go bankrupt all the time,” said Davies, laughing.
