HomeDIGITAL ASSETS REGULATORYworldwide-stablecoin3AC co-founder Kyle Davies spotted in Bali, sources claim

3AC co-founder Kyle Davies spotted in Bali, sources claim

According to sources, Kyle Davies, the co-founder of 3AC, has reportedly been residing in Bali for several months. It is believed that he is deliberately avoiding Singaporean authorities who are investigating the collapse of his hedge fund. Davies’ hedge fund failed, leading to significant financial losses for investors. Despite the ongoing investigation, he has managed to stay out of reach by staying in Bali. The Singaporean authorities are actively pursuing him to hold him accountable for the collapse of the fund.

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