3AC

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 that Genesis is preparing to file for…
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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 Zhu and Kyle Davies remain unknown. Teneo,…
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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 Tether (USDT), and $4 million in wrapped Ether (wETH)…
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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 of the bankruptcy show that they lent…
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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 the interview, they described the collapse that they…
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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 Bloomberg, said he would maybe accept being called stupid, but…
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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, the crypto hedge fund’s fate is hanging by a…
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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 crypto arena over the last week. This has…
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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 Voyager Digital, a collective sum amounting to…
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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, more than the permitted amount.…
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