Deals • February 23, 2023, 1:40AM EST A collection of prized NFTs purchased by Three Arrows Capital (3AC), the failed crypto hedge fund, will soon be put up for sale. 3AC’s liquidators, Teneo, n...
Tag: Three Arrows Capital
3AC Execs Served Subpoena Via Twitter Due To Whereabouts Unknown
The woes of embattled and bankrupt crypto hedge fund firm Three Arrows Capital appear to be worsening. Co-founders Kyle Davies and Su Zhu — as well as Three Arrows itself were — have been slapped with...
Judge signs off on subpoenas to 3AC’s Su Zhu and Kyle Davies
A federal bankruptcy judge approved subpoenas for the founders of Three Arrows Capital, a Singapore-based crypto hedge fund that went belly up earlier this year. The subpoenas call on the 3AC f...
3AC Liquidators File $30M Claim for ‘Much Wow’ Super Yacht
Liquidators appointed to oversee Three Arrows Capital’s bankruptcy said the crypto hedge fund’s co-founders Su Zhu and Kyle Davies are still not cooperating for information, forcing them to investigat...
Three Arrows Capital liquidators begin taking control of failed hedge fund’s assets
Teneo, the advisory firm overseeing the liquidation of crypto hedge fund Three Arrows Capital (3AC), has taken control of some of its assets, according to a presentation deck obtained by The Block. &#...
The Block: Crypto bankruptcy filings: From 3AC to BlockFi
Just as the aftermath of the Terra crash in May triggered the downfall of some of the biggest crypto companies over the past six months, FTX’s unraveling may kick off a new wave of bankruptcy fi...
Crypto firm Genesis loses its chief risk officer: CoinDesk
Michael Patchen, chief risk officer for crypto broker and lender Genesis, has left the firm after only three months on the job. Patchen’s departure was reported by CoinDesk and Bloomberg. His Li...
Celsius, The Trouble With Crypto
cryptocurrencies getty There are two schools of thought in crypto: to regulate or not to regulate. Firstly I’d like to state something that I consider key. It is the idea that computing plus a basic h...
Over 300 NFTs moved out of 3AC’s Starry Night Capital wallet
More than 300 NFTs, including some worth millions of dollars in crypto, were moved out of an address associated with Starry Night Capital. The NFT collections represented in the move include Rare Pep...
BlockFi CEO shares lessons learned from liquidating 3AC
Episode 81 of Season 4 of The Scoop was recorded remotely with The Block’s Frank Chaparro and BlockFi Founder & CEO Zac Prince. Listen below, and subscribe to The Scoop on Apple, Spotify, Go...
Crypto Exchange Zipmex Seeks Bankruptcy Protection In Singapore As Crypto Crisis Spreads
Zipmex offers crypto trading and investment services in Thailand, Indonesia, Singapore and … [+] Australia. SOPA Images/LightRocket via Getty Images Zipmex has become the latest victim of the on...
Voyager Digital Chapter 11: Analyzing FTX’s Proposal
July 25, 2022, 1:06PM EDT • 3 min read Quick Take FTX Trading, West Realm Shires and Alameda partnering together to purchase Voyager’s digital assets and digital asset loans Offer excludes all loans i...
Three Arrows Capital founders miss the mark in first interview since firm’s collapse
In the same week court documents showed that collapsed hedge fund Three Arrows Capital (3AC) owed creditors more than $3.5 billion, an interview given by its founders has sparked outrage among crypto ...
FTX, Alameda propose early liquidity plan for Voyager Digital customers
The company that owns and operates the popular cryptocurrency exchange FTX.com has proposed a plan to allow Voyager Digital customers the chance to receive a part of their bankruptcy claims immediatel...
Three Arrows founders tell Bloomberg ‘the whole situation is regrettable’
Three Arrows Capital had positioned itself for a market that “didn’t end up happening” and “the whole situation is regrettable,” co-founders Zhu Su and Kyle Davies told Bloombe...
Five-member creditor committee formed for Three Arrows Capital’s liquidation
A five-member committee of creditors of bankrupt hedge fund Three Arrows Capital (3AC) has been formed today, according to three sources with knowledge of the matter. The committee is comprised of Dig...
Three Arrows Capital creditors lent bankrupt fund $3.5 billion, court documents show
Collapsed crypto hedge fund Three Arrows Capital (3AC) owed 27 crypto companies $3.5 billion, according to court documents published today by 3AC’s liquidators. The largest creditor on the list ...
Crypto lender Genesis lent $2.36 billion to Three Arrows Capital
Genesis Asia Pacific Pte Ltd, a division of the crypto lender owned by Digital Currency Group, lent $2.36 billion to collapsed hedge fund Three Arrows Capital (3AC). Earlier reports have stated that...
3AC liquidators petition Singapore court to recognize BVI proceedings: Straits Times
Three Arrows Capital’s (3AC) liquidators are in the process of asking the Singapore legal system to recognize its British Virgin Islands (BVI) liquidation proceedings, according to a report toda...
Verizon, Crocs And Salesforce Are Top Trends For July
Getty Images It’s been a busy month. Then again, when is it not these days? Inflation has continued to be a hot topic as it hit 8.6% in the U.S., which is the fastest rate of increase since 1981. The ...
Court Reportedly Orders Liquidation Of Crypto Hedge Fund Three Arrows Capital, Threatening More Market Turmoil
Topline Singapore-based crypto hedge fund Three Arrows Capital has become insolvent and a British Virgin Islands court has ordered its assets to be liquidated, Sky News reported on Wednesday, a develo...