Chapter 15 bankruptcy prevents creditors from seizing a company’s assets. The 3AC liquidation reportedly reached at least $400 million. The crypto hedge fund Three Arrows Capital (3AC) has filed for Chapter 15 bankruptcy in New York, a move that secures its US assets while a British Virgin Islands liquidation is
The Voyager has halted its operation from July 1, 2.00 PM ET. The 3AC has a default of around $646 million to Voyager, in terms of BTC and USDC. Another crypto firm got halted this week, Voyager Digital LLC platform officially declared its halting on July 1 by publishing an
3AC in liquidation of $400 million. Transfers $90 million worth FTT on KuCoin. Refrains FTX from tracking its transactions. The Three Arrows Capital (3AC) has been facing quite tough times recently. Indeed, the entire crypto-based firms and institutions are undergoing the same pain. The Dubai-based crypto funding firm is under
NEXO dips 40% in 3 days. Nexo denies any partnership with Three Arrows Capital (3A). NEXO ought to bounce back once the market crisis is over. It’s so far been more than five days since the market crash started once again, and yet still persists. Moreover, it seems this condition
