Genesis Global Issued $2.36B in Undercollateralized Loans to Three Arrows Capital
Crypto lender Genesis lent $2.36 billion in loans to the now insolvent Singapore-based fund Three Arrows Capital. Source
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DeFiance Capital Has Been ‘Materially Affected’ by Three Arrows Liquidation
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Three Arrows Liquidators Ask Singapore Court to Recognize Company's BVI Bankruptcy: Straits Times
Media in Singapore are reporting that Three Arrows’ liquidators are working to get Singaporean courts to recognize the British Virgin Islands (BVI) liquidation order. Original Source
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It Won’t Be Easy for Creditors to Untangle Three Arrows Case, Singapore Lawyer Says
“To the Singapore courts, how the relationship between [the BVI, U.S., and Singapore entities] is described on the companies’ website or publicity materials would not matter,” Lin said. “The real test is of the actual relationship between the entities, and the court will consider whether there is real evidence that
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Founder of Three Arrows Capital Nowhere To Be Found According To Liquidators
According to a filing by consulting firm Teneo, which is anticipated to sell the remaining assets of the struggling cryptocurrency hedge fund, the founders of Three Arrows Capital are nowhere to be found. As a result of the dramatic selloff in digital currencies, Three Arrows filed for Chapter 15 bankruptcy
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US Bankruptcy Judge Freezes Crypto Hedge Fund Three Arrows Capital’s Assets – Regulation Bitcoin News
A federal judge in a New York bankruptcy court has frozen the assets of crypto hedge fund Three Arrows Capital (3AC). “A key part of this motion is to put the world on notice that it is the liquidators that are controlling the debtor’s assets at this stage.” Bankruptcy Judge Freezes
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First Mover Asia: There's No Denying Those Three Arrows NFTs Are Priced in Ether
CoinDesk's Sam Reynolds examines alternate methodologies for valuing the beleaguered crypto hedge fund Three Arrows Capital's NFT collection. Bitcoin slides for a fifth day, and doubts are forming over whether the market bottom is in. Original Source
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US Bankruptcy Court Approves Foreign Administrator for Three Arrows Capital’s Debt
A U.S. federal bankruptcy court has approved a request by foreign representatives of liquidators of Three Arrows Capital to administer the crypto hedge fund's assets in the U.S. and subpoena its founders and other relevant parties, according to an order issued Tuesday. Original Source
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Three Arrows Founder Says Attempt to Work With Liquidators Met With ‘Baiting’
Three Arrows Capital co-founder Su Zhu broke his Twitter silence Tuesday by posting screenshots of an email sent from his legal counsel to legal representatives of Three Arrows' liquidators, alleging that are "baiting" Zhu and co-founder Kyle Davies and ignoring their attempts to work with them in good faith. Source
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Court Grants Three Arrows Creditors Emergency Hearing as Founders Accused of Not Cooperating With Liquidation Proceeding
Where in the world are Su Zhu and Kyle Davies? Lawyers involved in the liquidation proceedings of Three Arrows Capital’s British Virgin Islands fund would certainly like to know, as the hedge fund founders have not been cooperative in the proceedings so far and their current location is unknown. Original Source
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