Davies and fellow 3AC co-founder Su Zhu have previously been accused of refusing to engage in proceedings for the firm’s bankruptcy. “[Davies and Zhu] have made only selective and piecemeal disclosures … Refusal to cooperate violates their duties owed to Three Arrows,” said the hedge fund’s liquidators, Russell Crumpler and Christopher Farmer, in a court filing on Feb. 8.
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New York Assembly introduces crypto payments bill for fines, taxes
A bill introduced to the New York State Assembly on Jan. 26 would allow state agencies to accept cryptocurrency as a form of payment...