June 27 (Cointime) - Liquidators say founders incurred debt when firm was insolventLosses are part of $3 billion owed to Three Arrows’ creditorsThree Arrows Capital liquidators are seeking to recover $1.3 billion from the co-founders of the failed crypto hedge fund, an amount that reflects losses the founders are accused of racking-up in the months before the firm collapsed, according to a person familiar with the liquidators’ claims.

The liquidators discussed the allegations against Three Arrows co-founders Su Zhuand Kyle Davies at a Tuesday meeting with the hedge fund’s creditors, the person said.