Their crypto company collapsed. They went to Bali.

Not long after his cryptocurrency hedge fund collapsed last year, spawning a market meltdown that devastated the industry, Kyle Davies got on a plane and left his troubles behind.

He flew to Bali, Indonesia. As his company was liquidated and law enforcement authorities opened investigations on two continents, Davies spent his days painting in cafes and reading Hemingway on the beach.

He also went sightseeing. He traveled in Thailand, where the fried oysters cost only a few dollars, and admired the architecture in Malaysia. He posted a photo from a private zoo in Dubai, United Arab Emirates, showing him stroking a tiger chained to a pole. In Bahrain, he attended a Formula One event in the run-up to the Grand Prix.