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Three Arrows Capital co-founder Kyle Davies: Not sorry for the collapse and plans to avoid jail as much as possible

Three Arrows Capital co-founder Kyle Davies: Not sorry for the collapse and plans to avoid jail as much as possible

CointimeCointime2024/03/20 02:07
By:Cointime

On March 20th, Kyle Davies, co-founder of the now-closed cryptocurrency hedge fund Three Arrows Capital, stated that he does not regret losing billions of dollars of investor funds and plans to do everything possible to avoid prison.

Davies reiterated yesterday his lack of remorse for the collapse of Three Arrows Capital and insisted that despite facing significant backlash on social media for past misconduct, his professional reputation remains intact.

Davies stated, "Do I apologize for the company's bankruptcy? No. It's like companies often go bankrupt."

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