Three Arrows Capital founder Kyle Davies has not responded to a subpoena issued over Twitter aiming to collect info associated to the agency’s belongings.

In a Feb. 7 submitting with United States Chapter Court docket within the Southern District of New York, legal professionals with the Latham & Watkins agency representing 3AC liquidators mentioned Davies had “chosen to disregard his duties to Three Arrows” by failing to adjust to the net subpoena. Courts in Singapore and the U.S. beforehand approved using Twitter to challenge subpoenas because of the whereabouts of 3AC founders Davies and Su Zhu being unconfirmed whereas their social media presence remained lively.

The subpoena, which was tweeted to a newly created account on Jan. 5, ordered Davies to supply the 3AC liquidators with paperwork associated to accessing account info, together with seed phrases and personal keys. As well as, the court docket instructed the 3AC founder to incorporate particulars on accounts at centralized or decentralized exchanges and different belongings.

“Below the phrases of the Subpoena Order and the Subpoena, Mr. Davies was required to reply by digital manufacturing to counsel for the Overseas Representatives by January 26, 2023,” mentioned the submitting. “He didn’t.”

@KyleLDavies jpg copies of the subpoena are connected to this tweet by means of service. An unredacted copy of the subpoena was served by way of electronic mail and may be supplied upon request. pic.twitter.com/XAYzQ4Oveo

— 3ACLiquidation (@3ACLiq) January 5, 2023

In keeping with the submitting, Davies might have primarily based in Indonesia, however was making himself obtainable for interviews and was “with out query” conscious of the subpoena posted to Twitter:

“Mr. Davies has been lively on social media, having ‘tweeted’ or ‘retweeted’ dozens of instances on Twitter. Shamelessly, whereas ducking his obligations to his failed firm, Mr. Davies has been lately lively in an effort to lift tens of thousands and thousands to start out a brand new crypto change known as ‘GTX.’”

3AC, Coinflex founders collaborating to lift $25M for brand spanking new claims buying and selling change

Chapter Decide Martin Glenn granted a movement geared toward compelling Davies to reply to the net subpoena. In keeping with the decide, the 3AC founder may have till March 16 to reply by offering paperwork associated to the chapter case. As well as, the submitting included an order from a British Virgin Islands court docket compelling Davies to supply paperwork and seem in a March 14 digital listening to.

3AC declared chapter in July 2022 shortly earlier than Davies and Zhu largely disappeared from the general public highlight. The Singapore-based crypto hedge fund had at one level managed greater than $10 billion value of belongings.