3AC Ghosts everyone, Celsius fights back

2 years ago
4

Kyle Davies and Zhu Su, the founders of 3 Arrows Capital appear to be ghosting the lawyers involved in their liquidation proceedings. According to a Coindesk article court documents filed on friday indicate that the pair had ‘not yet begun to cooperate with the process in any meaningful manner’. They had appeared on a Zoom call, but with the video off and their Singapore office is apparently abandoned. We also cover Celsius and its moves to unlock collateral in Compound and Aave, and speaking of Aave, there's a new stablecoin proposal for $GHO. What's it all about? In this episode.

$GHO proposal: https://governance.aave.com/t/introducing-gho/8730

00:00 Coming up
00:31 Sponsor
01:02 Zhu Su and Kyle Davies are nowhere to be found
01:53 Aave proposes a stablecoin $GHO
02:40 Celsius pays back debts, will it affect the market

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