by COINS NEWS - 2 years ago
tldr; The liquidators of Three Arrows Capital (3AC) have filed a court filing in the US Bankruptcy Court of the Southern District of New York. The liquidators have been unable to communicate with 3AC founders Zhu Su and Kyle Livingstone Davies in an...
Cryptocoins News / Blockchain - 2 years ago
Cryptocurrency exchange Blockchain.com may suffer a total of $270 million in losses due to Three Arrows Capital's inability to repay loans due to the bankruptcy and liquidation of Three Arrows Capital.
Earlier, the embattled cryptocurrency hedge fu...
Cryptocoins News / Finance Magnates - 2 years ago
Blockchain.com, a popular crypto exchange may end up losing $270 million over its loans to Three Arrows Capital (3AC).
Take Advantage of the Biggest Financial Event in London. This year we have expanded to new verticals in Online Trading, Fintech,...
by COINS NEWS - 2 years ago
Three Arrows Capital’s bankruptcy filing states that the location of both co-founders Su Zhu and Kyle Davies is currently unknown, and they are no longer in Singapore.
Below is the screenshot from the bankruptcy filing
If you want to read the comp...
Bitcoin News / Google News Bitcoin - 2 years ago
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...
Bitcoin News / Bitcoin.com - 2 years ago
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 companyȁ...
Cryptocoins News / CoinJournal - 2 years ago
Blockchain.com is one of the cryptocurrency companies likely to lose millions of dollars as a result of the collapse of crypto hedge fund Three Arrows Capital.
A report by CoinDesk states that the crypto exchange, among the oldest in the industry, c...
Cryptocoins News / The Cointelegraph - 2 years ago
Digital Currency Group’s market maker and lending firm Genesis Trading has confirmed that it had investment exposure in the now-liquidated Three Arrows Capital (3AC).
The insolvency and subsequent liquidation order of the embattled company sent shoc...
Cryptocoins News / Blockchain - 2 years ago
Finblox has increased its limits for crypto withdrawals. Crypto staking platform raised the cap from $1,500 monthly to $3,000 daily. Finbox also plans to recover its funds from Three Arrows Capital through legal actions. (Read More)
Cryptocoins News / NewsBTC - 2 years ago
Crypto hedge fund 3 Arrows Capital is slated to be another pillar piece of 2022’s bear market headlines, joining the likes of brutal bear market moments that include Terra Luna’s downfall and CeFi’s drama.
While rumors have swirled...
Cryptocoins News / The Cointelegraph - 2 years ago
Coinbase, Three Arrows Capital and MicroStrategy headline the latest business news from the world of blockchain. Coinbase has long been considered an important bellwet...
Cryptocoins News / The Cointelegraph - 2 years ago
The cryptocurrency exchange filed a notice of default to Singapore-based Three Arrows Capital earlier in the week, but promised it would continue operations. Cryptocur...
Bitcoin News / Bitcoin.com - 2 years ago
On Wednesday, it was reported that the crypto hedge fund Three Arrows Capital (3AC) was liquidated by a British Virgin Islands court and following the alleged liquidation, the Monetary Authority of Singapore (MAS) has reprimanded 3AC for misleading r...
Bitcoin News / Bitcoinist - 2 years ago
Multiple events in the last two months have seen various crypto lending platforms come under fire from both a liquidity and investor confidence angle. The first which had been the LUNA collapse had been the trigger for the rest such as the Celsius in...
Cryptocoins News / The Cointelegraph - 2 years ago
The Monetary Authority of Singapore (MAS) has reprimanded Three Arrows Capital (3AC), an embattled hedge fund, for providing inaccurate information to the authorities. In a statement published Thursday, the MAS said that the firm violated capital req...
Cryptocoins News / The Cointelegraph - 2 years ago
Troubled cryptocurrency venture capital firm Three Arrows Capital (3AC) is facing more uncertainty amid new reports on the company’s liquidation.A court in the British Virgin Islands ordered the liquidation of Singapore-based 3AC on Monday, the Briti...
Bitcoin News / Bitcoin.com - 2 years ago
Three days ago, Bitcoin.com News reported on the publicly listed company Voyager Digital after the crypto firm announced that it was owed $655 million worth of digital assets. Now according to a press release from Voyager, the company has secured fun...
Cryptocoins News / The Cointelegraph - 2 years ago
The Singapore-based crypto venture firm Three Arrows Capital (3AC) failed to meet its financial obligations on June 15 and this caused severe impairments among centralized lending providers like Babel Finance and staking providers like Celsius.On Jun...