While Three Arrows Capital used its tens of billions of dollars of assets under management to invest in new projects and take large market positions, it also operated an over-the-counter trading desk called Tai Ping Shan (TPS) Capital. The entity was once described on LinkedIn as “the official OTC desk of Three Arrows Capital,” according to a scraped version of the site by Google, but the language has since been changed, distancing the two firms.
Source: https://www.coindesk.com/markets/2022/07/02/three-arrows-paper-trail-leads-to-trading-desk-obscured-via-offshore-entities/?utm_medium=referral&utm_source=rss&utm_campaign=headlines