Analyse Asia With Bernard Leong

The 3AC Demise with Kyle Davies

Informações:

Synopsis

"What we did instead is we did not. The market rallied. We were just clouded in our judgment and we were not scaling the firm the way we should have. So that was probably one big one. The other one was after the liquidation I should have just had blinders on to the media and focused on creditors only and probably just had a round table and said these are what I think the options are. What do you think the options are? And if that were the case I think we probably wouldn't be in bankruptcy. We would've found one of the solutions that I just mentioned." - Kyle Davies   Fresh out of the studio, Kyle Davies, co-founder of 3 Arrows Capital aka 3AC, joined us in a discussion to discuss their firm's demise in June 2022 and its aftermath after filing Chapter 15 bankruptcy. He explained why and how the firm's thesis on the crypto super cycle failed with the Luna-Terra collapse and offered his thoughts on the current meltdown of the crypto markets amid the ongoing meltdown. Last but not least, he offered his responses