Three Arrows Capital (3AC) liquidators blasted co-founders Zhu Su and Kyle Davies for their non-cooperation affecting the process to return funds to creditors. British Virgin Islands court-appointed l...
Tag: Superyacht
Three Arrows Liquidators Seize $35M, Seek $30M More for ‘Much Wow’ Superyacht
Liquidators for collapsed crypto hedge fund Three Arrows Capital (3AC) today said they seized $35.6 million in cash held by the failed firm in Singaporean banks. They also managed to recover a couple ...
Hong Kong Refuses U.S. Calls To Seize Sanctioned Billionaire’s Docked Superyacht
Topline Hong Kong will not seize a superyacht linked to Russian billionaire Alexey Mordashov docked in its harbor, chief executive John Lee said on Tuesday, dismissing Western warnings that the city’s...
Here’s The Superyacht Once Belonging To A Russian Billionaire That’s Been Seized—And Up For Auction
Topline A luxury superyacht that once belonged to Russian steel billionaire Dmitry Pumpyansky is up for sale in Gibraltar in the first public auction of a yacht seized from an oligarch because of sanc...
Seized Superyacht to Be Auctioned to Pay JPMorgan Loan
(Bloomberg) — Most Read from Bloomberg A luxury yacht formerly owned by sanctioned Russian businessman Dmitry Pumpyansky will be sold at auction on Tuesday after the billionaire failed to repay ...
Vitalik Buterin Makes Fun of 3AC Founder Zhu Su’s Superyacht Used to Impress Investors
Arman Shirinyan Vitalik Buterin poked fun at fund founder’s desire to show off in front of investors and friends while owning nothing In his most recent post, Ethereum creator Vitalik Buterin ur...
Fiji Hands U.S. Seized $300 Million Russian Superyacht Owned By Oligarch
Topline Fiji has handed the U.S. a $300 million superyacht Washington claims is tied to billionaire gold magnate Suleimon Kerimov, the country’s top prosecutor said on Tuesday, ending a protracted leg...
Fiji Judge Rules That U.S. Can Seize Superyacht Linked To Russian Oligarch Kerimov, But Not Before Friday
Topline A judge in Fiji provisionally ruled in favor of U.S. officials seeking to seize a superyacht docked in the country that they suspect is owned by sanctioned Russian billionaire and politician S...
New Platforms For Indo-Pacific Diplomacy
Civil Guards stand by the sanctioned Russian yacht “Tango” in Palma de Mallorca, Spain. ASSOCIATED PRESS As Western countries begin the process of seizing Russian assets, the scope and sca...
U.S. Officials Trying To Seize Superyacht In Fiji Allegedly Linked To Russian Gold Magnate Kerimov, Report Says
Topline U.S. officials are attempting to seize a superyacht docked in Fiji that they suspect is owned by sanctioned Russian billionaire and politician Suleiman Kerimov, as part of a wider Western effo...