Kyle Davies, the co-founder of bankrupt crypto hedge fund Three Arrows Capital (3AC), has submitted documentation to court claiming he is fully a citizen of Singapore and not the United States.
In an Aug. 1 filing with the U.S. Bankruptcy Court for the Southern District of New York, Davies provided notarized and apostilled copies of the form applying for the renunciation of his U.S. citizenship on Dec. 15, 2020. He claimed to have received citizenship in Singapore following the issuance of a passport in January 2021 and was not “subjecting [him]self to, or accepting the jurisdiction of, the Courts in the United States.”
Court filings showed Davies renounced his citizenship at the U.S. Embassy in Singapore, citing his decision to live in the country long term. He said he got married in 2017 to a Singaporean national, gained permanent residency and has two children in the country. As Singapore does not allow dual nationality, he chose to renounce his U.S. citizenship.
The filing from Davies followed a subpoena issued at the request of 3AC liquidators aimed at gaining information on the collapse of the crypto hedge fund. Both Davies and 3AC co-founder Su Zhu were subpoenaed…
