@xuanling11 20 July 2022 more from that month

How Three Arrows Capital Missed Every Target They Aimed Three Arrows Capital (3AC) just wiped out its investment capital of nearly $3 Billions in months. The cause of the collapse like through high leverage decentralized finance (DeFi) and high debt ratios.  Let's explore why 3AC instantly collapses. **Founders** Su Zhu and Kyle Davies are the founders of 3AC. The company was founded in 2012 to provide superior risk-adjusted returns. Ironically, the risk did not adjust properly, and the company went out of business instantly. https://www.threearrowscap.com/about-us/ **Investment Strategy** We do not know how 3AC invest their funds, but we do know they invested in: Yacht:

https://twitter.com/unusual_whales/status/1549068269956411393 Own houses:

https://twitter.com/JackNiewold/status/1549153907921850373 **How to Run a Crypto VC like a Criminal**

https://twitter.com/JackNiewold/status/1549152912986853377 Step 1: run Step 2: sue your own company Step 3: aks your spouse to join the lawsuit **Bankruptcy Document** Thanks to the internet and the transparency of the Singapore law, you can learn a lot from the court document on what happened on 3AC. https://www.docdroid.net/xKIqrjq/20220709-3ac-bvi-liquidation-recognition-1st-affidavit-of-russell-crumpler-filed-pdf#page=3

https://twitter.com/rektdiomedes/status/1549174615452180480 Some breakdown of the investment portfolio: Genesis - $2.3B Rest of the 24 companies - $1.2B Founders on the run while suing their own company.

https://twitter.com/coinbureau/status/1549261248553840641 **Where is My Money** Try to ask where is my money:

https://twitter.com/FreddieRaynolds/status/1549099292710895622

https://twitter.com/zhusu/status/1546801270014758912 Many companies invest in 3AC forces to liquidate. DRB Panama is one of them.

https://twitter.com/DeribitExchange/status/1537458993781669891 **Where are the Founders** Founders ran away while filing to sue their own company.

https://twitter.com/Cryptofung/status/1546476266508980224 And they enjoy their private jet on investors' cash

https://twitter.com/0xBender/status/1549464116045041664 **Anyone who Touches 3AC is Cursed**

https://twitter.com/ViktorBunin/status/1549761977479843849 Coinbase just announced they did not have invested 3AC. **True Degen** 3AC brings all true Degen together to blow up:

https://twitter.com/wassielawyer/status/1549094403062779905

https://twitter.com/FatManTerra/status/1549066466565169157

https://twitter.com/adamscochran/status/1546477191420170240 And what is up with Kelly Chen?

https://twitter.com/Stephen_Andr41/status/1549151972171063296 **More to Come**

https://twitter.com/HukAleksandra/status/1547546120175370241 Buy me a coffee here if you want to support my writing. https://www.buymeacoffee.com/xuanling1111 Photo by Ricardo Arce on Unsplash https://unsplash.com/@jrarce?utm_source=unsplash&utm_medium=referral&utm_content=creditCopyText https://unsplash.com/s/photos/arrow?utm_source=unsplash&utm_medium=referral&utm_content=creditCopyText