Report: Three Arrows Capital Liquidated for Millions, Sources Say Crypto Hedge Fund May Face Insolvency
Sponsored
Sponsored
According to “well-placed sources,” speaking with The Block reporter Frank Chaparro, the digital currency hedge fund known as Three Arrows Capital (3AC) may be facing insolvency after significant…
[[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Cofounder Zhu Su confirmed Three Arrows Capital is struggling, but didn’t address insolvency rumors The firm drew attention on social media after blockchain data showed it selling its stETH positions... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go to…
Genesis Global Capital platform today filed an application insolvency under Chapter 11 of the United States Bankruptcy Code. Applications were submitted on behalf of Genesis Global Holdco and its subsidiaries Genesis Asia Pacific and Genesis Global Capital. The company presented a list of its debt obligations. Genesis recognizes liabilities to…