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Liquidators can subpoena 3AC founders despite 'tricky issues' with crypto assets
13.7.2022
The counsel for liquidators said he didn’t know the current location of Zhu or Davies, alleging the duo have not provided "meaningful cooperation" with the liquidators
First Mover Asia: There's No Denying Those Three Arrows NFTs are Priced in Ether
13.7.2022
CoinDesk's Sam Reynolds examines alternate methodologies for valuing the beleaguered crypto hedge fund Three Arrows Capital's NFT collection. Bitcoin slides for a fifth day, and doubts are forming over whether the market bottom is in
U.S. Bankruptcy Court Approves Foreign Administrator for Three Arrows Capital's Debt
12.7.2022
The beleaguered hedge fund has been ordered to be liquidated in the British Virgin Islands
Three Arrows Founders 'Received Threats of Physical Violence' - Su Zhu Breaks Silence
12.7.2022
Founders of troubled major crypto hedge fund Three Arrows Capital (3AC) and their families "have received threats of physical violence," according to seemingly a screenshot of an email, shared by Su Zhu, the co-founder of the fund, today.
He tweeted for the first time since June 15, sharing what...
Three Arrows Founder Says Attempt to Work With Liquidators Met With 'Baiting'
12.7.2022
In a first tweet since the crypto hedge fund imploded, Three Arrows co-founder Su Zhu posted screenshots from legal counsel that said the fund's principals are willing to work with liquidators
Three Arrows Founders in Hiding, Voyager's Unknowns, Vauld's 'Breathing Space' + More News
11.7.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news._______...
Read More: Three Arrows Founders in Hiding, Voyager's Unknowns, Vauld's 'Breathing Space' + More News
Court Grants Three Arrows Creditors Emergency Hearing as Founders Accused of Not Cooperating With Liquidation Proceeding
11.7.2022
Three Arrows Capital’s Su Zhu and Kyle Davies are said not to be cooperating as fears mount that the fund’s remaining assets could be “transferred or otherwise disposed of” before creditors get their share
Report: Blockchain.com CEO Reveals Company Lost $270 Million From 3AC Exposure
8.7.2022
According to a report published on July 8, the cryptocurrency firm Blockchain.com lost $270 million from exposure to the crypto hedge fund Three Arrows Capital (3AC). The news was shared in a recent letter to shareholders written by the company’s CEO Peter Smith. The Blockchain.com executive...
Three Arrows Wanted a $100M NFT Collection. Instead, It’s Worth Less Than $5M
8.7.2022
Three Arrows Capital had dreams of institutional interest in NFTs. But as the firm declares bankruptcy, its NFT collection is worth a paltry sum
Blockchain.com's USD 270M Exposure to Three Arrows Capital + More News
8.7.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
__________...
Read More: Blockchain.com's USD 270M Exposure to Three Arrows Capital + More News
Crypto Exchange Blockchain.com Faces $270M Hit on Loans to Three Arrows Capital
8.7.2022
Cryptocurrency exchange Blockchain.com stands to lose $270 million from lending to Three Arrows Capital, the over-leveraged hedge fund that is now the subject of a liquidation order in the British Virgin Islands
Today in Crypto Turmoil: Woes Deepen, Legal and Repayment Developments from Celsius, 3AC, Voyager Digital, and More
8.7.2022
The market may be on the up as the week draws to a close, but crypto turmoil shows no signs of abating. There are more goings-on at Three Arrows Capital (3AC), Celsius (CEL) is in the spotlight again – and the Voyager journey continues.
Here’s a round-up of the latest happenings in...
First Mover Asia: Three Arrows Capital Court Order Reveals Interesting Details; Bitcoin Soars Past $21.5K
8.7.2022
TPS Capital Says It's 'Independent' From Three Arrows Capital
7.7.2022
In a statement shared on Twitter, TPS Capital says its operations are “separate and distinct” from the beleaguered crypto hedge fund Three Arrows Capital
Genesis Trading CEO confirms 3AC exposure, parent company helps plug losses
7.7.2022
Genesis Trading soldiers on after confirming 3AC exposure, while parent company Digital Currency Group assumes a portion of liability after losses
Crypto Turmoil Latest: Celsius in Board Change, Genesis Clear of 3AC Trouble & FTX’s ‘Billions’
7.7.2022
Crypto turmoil continues to deepen, with further maneuvers at Celsius (CEL) and a company recounting details of how it dodged the Three Arrows Captial (3AC) fallout – while the crypto exchange giant FTX appears set to bail out yet more ailing crypto players with a “few billion” dollars worth...
Voyager Files for Bankruptcy Citing Contagion in Crypto Markets, Three Arrows Capital’s Loan Default
6.7.2022
Crypto lender Voyager Digital has filed for Chapter 11 bankruptcy. The company explained that the “prolonged volatility and contagion in the crypto markets” and the default of crypto hedge fund Three Arrows Capital (3AC) on a loan require it “to take deliberate and decisive...
Voyager Digital files for Chapter 11 bankruptcy, proposes recovery plan
6.7.2022
Voyager Digital has joined the growing list of CeFi firms hurting as a result of exposure to Three Arrows Capital and declining crypto asset prices
Voyager Digital Files for Bankruptcy
6.7.2022
Voyager Digital Holdings, the US-based operator of a crypto platform Voyager Digital, and two affiliated debtors filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code, per Stretto, a bankruptcy specialist, data.
Both estimated liabilities and assets are in...
Troubled Crypto Fund Three Arrows Capital Has USD 7.5M Worth of Blue-Chip NFTs - Report
5.7.2022
Embattled crypto investment firm Three Arrows Capital (3AC), which has recently filed for bankruptcy, ostensibly holds more than USD 7.5m worth of blue-chip NFTs.
According to data compiled by crypto research firm 21shares, 3AC owns a total of 377 NFTs, which includes 11 CryptoPunks,...