3AC Cofounders to Donate Earnings From Open Exchange to Creditors Affected by Fund's Collapse

The cofounders of collapsed crypto hedge fund Three Arrows Capital, Kyle Davies and Su Zhu, have pledged to donate a portion of earnings from their newest crypto venture, Open Exchange (OPNX), to creditors who lost money in the fund's collapse. This proposed payback scheme, described as a shadow recovery process, would be independent of the official liquidation process managed by Teneo. Davies and Su believe that by doing good and allowing creditors to make more money, they can create good karma.