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The distressed hedge funds co-founders have detailed its untimely collapse for the first time since declaring bankruptcy. 3AC Co-Founders Break Silence Three Arrows Capitals co-founders have started talking. Su Zhu...
Crypto exchange Coinbase has confirmed that the company “had no financing exposure” to bankrupt firms, including Celsius Network, Voyager Digital, and Three Arrows Capital (3AC). “The issues here were foreseeable…
According to a recent report, Blockchain.com has laid off a quarter of the company’s staff and it has closed the crypto company’s Argentina-based offices as well. The layoffs follow the…
BlockchainCom – a crypto financial services company – has let go of 25% of its employees due to harsh market conditions. That’s 150 roles cleared from the firm. A Loss…
One of the worst affected crypto companies by the unpleasant macroeconomic conditions – Vauld – reportedly filed for protection against creditors in Singapore. The process should grant the entity the…
The amount is likely understated as many of 3AC's borrowing details remain confidential.
Genesis Global Trading – a crypto prime brokerage firm – reportedly credited the now insolvent Three Arrows Capital (3AC) with $2.36 billion in under collateralized loans. As reported by The…
Liquidators are criticizing Three Arrows Capitals lack of communication and fear the hedge funds directors may be planning to liquidate their assets to put them beyond the reach of their...
DeFiance Capital stated that none of its assets under management were raised by the bankrupt crypto hedge fund, its founders, or any of its affiliates. The company said it had…
The Three Arrows Capital (3AC) liquidators are reportedly looking to investigate and preserve the Singapore assets of the crypto hedge fund. According to a recent report by Straits Times, the…