Reports claim troubled crypto hedge fund Three Arrows Capital (3AC) has been formally liquidated by a British Virgin Islands (BVI) court.
, founded the company in 2012 and when the stories of insolvency started both Zhu and Davies became very quiet on social media. Zhu, however, did tweet on June 14, that 3AC was “in the process of communicating with relevant parties and fully committed to working this out.” Allegedly, 3AC has significant exposure to Terra’s LUNC token and it has been
that 3AC’s stash of roughly $200 million in locked luna classic evaporated into less than a thousand dollars.that a British Virgin Islands court had formally liquidated 3AC assets. The report says that the news outlet had learned that “partners from Teneo in the British Virgin Islands has been lined up to handle the insolvency of the Singapore-based firm.
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Three Arrows Capital Ordered Into Liquidation by a Birtish Virgin Islands CourtThree Arrows Capital has been ordered into liquidation by a court in the British Virgin Islands.
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BVI court orders liquidation of Three Arrows Capital: Sky NewsA court in the British Virgin Islands has ordered the liquidation of Three Arrows Capital, according to a report by Sky News.
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BVI court orders liquidation of Three Arrows Capital: Sky NewsA court in the British Virgin Islands has ordered the liquidation of Three Arrows Capital, according to a report by Sky News.
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Virgin Islands court orders liquidation of crypto hedge fund Three Arrows CapitalThe turmoil that is now affecting the cryptocurrency market was brought further to light when a court in the British... Continue reading
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Teneo to handle ‘liquidation’ of Three Arrows Capital, not ‘insolvency’Teneo will handle the “liquidation” of Three Arrows Capital, a person with direct knowledge of the matter told The Block.
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