After revealing that Genesis liquidated positions in Three Arrows Capital (3AC) earlier, the exact amount of loss is now revealed. Crypto lender Genesis is said to have lent Three Arrows Capital a loa...
Tag: Arrows
Genesis Files $1.2B Claim Against Three Arrows Capital
Crypto broker Genesis Global Trading, has filed a $1.2 billion claim against the now insolvent Three Arrows Capital, according to a 1,157-page court filing uploaded by bankruptcy trustee Teneo. Genesi...
Three Arrows Capital co-founder files $5 million claim against own firm while on the run
On July 8 it emerged that the liquidators of Three Arrows Capital (3AC) have not been able to connect with the company’s founders “in any meaningful way,” per a document submitted to the United States...
DeFiance Capital distances itself from bankrupt crypto fund Three Arrows Capital
DeFiance Capital, the crypto venture capital firm with ties to Three Arrows Capital (3AC), has distanced itself from the bankrupt hedge fund in a statement today. Sharing the statement exclusively wit...
Three Arrows Capital Liquidators Move to Secure the Company’s Singapore Assets
The Three Arrows Capital (3AC) liquidation process has taken a new turn. The court-appointed liquidator of insolvent crypto hedge fund Three Arrows Capital (3AC), Teneo, has hired a Singapore law firm...
Liquidators of Three Arrows Capital Seek to ‘Preserve’ Singapore Assets (Report)
The Three Arrows Capital (3AC) liquidators are reportedly looking to investigate and preserve the Singapore assets of the crypto hedge fund. According to a recent report by Straits Times, the Singapor...
DeFiance Capital Has Been ‘Materially Affected’ by Three Arrows Liquidation
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Three Arrows Capital Founders Play Hide & Seek Amid Bankruptcy
Over the past few days, the community has been inundated with information about Zhu Su and Kyle Davies, the two men behind Three Arrows Capital (3AC). Rumors circulated that the founders had dropped o...
It Won’t Be Easy for Creditors to Untangle Three Arrows Case, Singapore Lawyer Says
“To the Singapore courts, how the relationship between [the BVI, U.S., and Singapore entities] is described on the companies’ website or publicity materials would not matter,” Lin said. “The real test...
Three Arrows Capital Assets Frozen by Judge in New York As Founders’ Whereabouts Remain Unknown: Report
The walls are closing in around one embattled crypto hedge fund as the legal system issues a ruling on behalf of its jilted creditors. According to a new CNBC report, a federal judge in New York has o...
Three Arrows Capital Liquidators Cleared by Judge to Issue Subpoenas
A New York bankruptcy judge on Tuesday gave liquidators full control of Three Arrows Capital’s U.S. assets and authorized them to issue subpoenas to co-founders Su Zhu, Kyle Davies, and other parties ...
Three Arrows Capital’s Liquidators Given Assent to Issue Subpoena to Founders – crypto.news
Earlier today, a bankruptcy bank has given Three Arrows Capital’s liquidators consent to issue subpoenas to the crypto hedge fund’s founders. The liquidators noted that the founders went incognito wit...
Voyager Token (VGX) Skyrockets 586% After Court Orders Seizure of Three Arrows Capital Assets
The native token of a popular cryptocurrency app is rallying despite several turbulent weeks involving lawsuits and even suspending trading on its platform. In recent weeks, Voyager Digital has issued...
Three Arrows Assets Ordered Frozen By Judge – How Much Deeper 3AC’s Trouble Can Get?
Three Arrows Capital just got itself in deeper trouble while the brains behind the company are nowhere to be found. The New York Southern Bankruptcy Court on Wednesday held an emergency hearing for cr...
US Bankruptcy Judge Freezes Crypto Hedge Fund Three Arrows Capital’s Assets – Regulation Bitcoin News
A federal judge in a New York bankruptcy court has frozen the assets of crypto hedge fund Three Arrows Capital (3AC). “A key part of this motion is to put the world on notice that it is the liquidator...
Three Arrows Capital’s Zhu Su breaks silence, accuses liquidators of ‘baiting’
Zhu Su, co-founder of the embattled crypto hedge fund Three Arrows Capital (3AC), spoke out on Tuesday morning on Twitter, following nearly a month of silence on the status of the future of funds conn...
Three Arrows Capital Liquidators Secure Subpoena for Hedge Fund Founders
Liquidators of Three Arrows Capital have successfully petitioned a federal bankruptcy judge to subpoena the hedge fund founders. The motion was granted in a hearing on July 12 as liquidators Teneo als...
Three Arrows’ Assets Frozen In Emergency Hearing
Key Takeaways An emergency hearing was held today concerning Three Arrows Capital (3AC) and its recent bankruptcy filing. Judge Glenn Martin froze the firm’s funds; he also gave liquidators the ...
Three Arrows Founder Breaks 27 Days Silence, Says Firm Baited By Liquidators
For the first time since June 15, Su Zhu, co-founder of the troubled cryptocurrency hedge fund Three Arrows Capital, called out liquidators for “baiting” the firm into cooperation. Three Arrows Founde...
Judge orders Three Arrows’ US assets frozen as founders remain missing
In an emergency hearing Tuesday morning, a U.S. district court judge ruled bankrupt crypto hedge fund Three Arrows Capital may not transfer or dispose its assets located in the U.S. as court-appointed...
Three Arrows Founders Not Attending Today’s NYC Hearing –
– Advertisement – The founders of Three Arrows will not be present at today’s hearing in New York City Su Zhu, a co-founder of Three Arrows Capital, allegedly accused the liquidators of Th...
Three Arrows Founders Gone Missing: Liquidators
Three Arrows Capital Founders, Kyle Davies and Zhu Su, are found missing. Major selloff in digital currencies in late June resulted in Three Arrows going bankrupt. For reasons unknown, Three Arr...
Three Arrows (3AC) Founder Breaks Silence Over Bankruptcy Talks
Zhu Su, the founder of Three Arrows Capital (3AC), has rubbished the claims that he is not cooperating with liquidators. He has also accused the liquidators of breach of their duty. Speaking out for t...
Blockchain.com May Lose $270 Million Due to Unpaid Loan of Three Arrows Capital
Amidst Crypto Winter, Blockchain.com stands at a potential loss as the British Virgin Islands liquidate Three Arrow Capital. The BV Islands issued a liquidation order to Three Arrows Capital, which Bl...
Whereabouts of Three Arrows Capital Founders Unknown, Offices Abandoned
The saga around Three Arrows Capital (3AC) continues as liquidators charged with the case cannot get in contact with either founder Kyle Davies or Su Zhu. According to a court document filed on Friday...
Three Arrows Capital to Seek Appropriate Sanctions Over Disappointing Court Filings
After a brief hiatus across social media channels, 3AC co-founder Zhu Su tweeted that their “good faith” to cooperate with liquidators of the hedge fund was “met with baiting.” He also posted snapshot...
Creditors Claim Three Arrows Capital Founders Gone Missing!
3 hours ago | 2 mins read Defi News Three Arrows moved for Chapter 15 bankruptcy at the end of June. Liquidators sent by the court could not access the company’s Singapore headquarters. A filing by ad...
Three Arrows Capital Founders Nowhere To Be Found, Liquidators Say
The founders of Three Arrows Capital are nowhere to be found, a filing by advisory firm Teneo, which is expected to liquidate the remaining assets of the embattled cryptocurrency hedge fund, disclosed...
Su Zhu and Kyle Davis From Three Arrows Capital Do Not Cooperate: Court Filing
The lawyers seeking emergency provisional relief said the founders of the beleaguered hedge fund, Three Arrows Capital, are nowhere to be found and “have not yet begun to cooperate with the Foreign Re...
Three Arrows founders are ‘MIA’ amid liquidation process
Amid mounting scrutiny around the crypto sector, one piece of unfolding event that is tied to a lot of the contagion going on is the liquidation of crypto hedge fund Three Arrows Capital. The company,...
Blockchain.com stands to lose $270 million on Three Arrows loans: CoinDesk
Crypto exchange Blockchain.com stands to lose $270 million it lent to the liquidated crypto hedge fund Three Arrows Capital (3AC), according to a report from CoinDesk on Friday. The news was revealed...