3AC
Genesis to File for Bankruptcy, Negotiations Fail With Creditors.
Genesis Global Capital has no other option left but files for bankruptcy after it failed to raise capital. The crypto firm’s negotiations with creditors failed to move forward. Reports state…
Three Arrows Capital Liquidators Seek to Subpoena Founders through Alternative Means.
The liquidators of Three Arrows Capital (3AC) want to subpoena the bankrupted hedge fund’s founders through alternative means. They highlighted that to date the whereabouts of 3AC’s founders – Su…
Three Arrows Capital wallet removes $33 million staked ETH.
Bankrupted hedge fund Three Arrows Capital (3AC) wallet has removed $33 million in Staked ETH (stETH) from Curve Liquidity Farming Pool. It also removed 200 Bitcoin, $4 million worth of…
Alameda Research, owned by SBF, and Voyager Digital had close links.
Crypto lender Voyager went out of business during the contagion that started with 3AC’s insolvency. Voyager is fighting its battle in bankruptcy court. Financial documents released by Voyager as part…
Founders of Three Arrows Capital speak out and announce plans to relocate to Dubai.
Three Arrows Capitak is a cryptocurrency hedge fund that is insolvent. It’s founder, Kyle Davies as well as Su Zhu, have recently spoken out in an interview with Bloomberg. During…
3AC founders deny attempting to abscond funds before company collapsed.
The founders of Three Arrows Capital (3AC), Su Zhu and Kyle Davies, have denied attempting to abscond funds out of the company before it collapsed. Zhu, in an interview with…
Teneo wants Singapore High Court to recognize Three Arrows Capital liquidation order.
Teneo, the court-appointed liquidator, has pulled in a Singapore law firm to convince the High Court to recognize the liquidation order issued to Three Arrows Capital (3AC) last month. Presently,…
Genesis Trading confirms exposure to 3AC, and the parent business helps stop losses.
Genesis Trading is yet another company whose investments were exposed to Three Arrows Capital, since liquidated. 3AC’s insolvent status and order for liquidation has shocked and shaken many in the…
DeFinance considers legal action against Three Arrows Capital.
After inking a number of co-investment deals together, DeFinance is likely to take Three Arrows Capital (3AC) to court but in the form of arbitration. 3AC owes crypto lenders, including…
3AC receives a censure from Singapore for spreading incorrect information.
The embattled hedge fund 3AC has been reprimanded by MAS (the Monetary Authority of Singapore) for sharing inaccurate information. In addition, MAS accused 3AC for possessing excess assets under management,…
Market at a glance
BTC$83,781 +0.9%
ETH$2,538 +1.2%
SOL$112.13 +2.1%- Fear & Greed61 Greed
Crypto news on Telegram
New stories as they go live, plus a short market brief every morning at 09:00.
