Tag: 3AC
FTX liquidated $1.5B in 3AC assets 2 weeks before hedge fund’s collapse
Newly revealed court documents show that FTX secretly liquidated $1.53 billion in Three Arrows Capital (3AC) assets just two weeks before the hedge fu [...]
Crypto fear index reaches Celsius, Terra, 3AC collapse levels
A key Bitcoin and crypto sentiment tracker, the Crypto Fear & Greed Index, has fallen to its lowest score in more than two years as Bitcoin plumme [...]
3AC’s Kyle Davies Says He Won’t Apologize for Crypto Hedge Fund Going ‘Bankrupt’
“Am I sorry for a company going bankrupt? No, like companies go bankrupt, almost every company goes bankrupt, right?” Davies said about the public sen [...]
British Virgin Isles Court Freezes $1 Billion of Su Zhu, Kyle Davies, Kelly Chen Assets
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3AC co-founder Kyle Davies spotted in Bali, sources claim
Three Arrows Capital (3AC) co-founder Kyle Davies has reportedly been seen in Bali as he continues to evade authorities over the collapse of the defun [...]
Genesis Seeks Court Approval to Pay $33M to Settle $1B 3AC Claims
"The 3AC Debtor shall receive an allowed general unsecured claim against Genesis in the amount of $33,000,000 in full and complete satisfaction of the [...]
Genesis seeks court’s approval to reduce 3AC claim from $1B to $33M
Bankrupt cryptocurrency lender Genesis has asked the court to approve its proposed settlement agreement with the imploded crypto hedge fund Three Arro [...]
Crypto Exchange Linked to 3AC Founders Drops Lawsuit Against Mike Dudas
OPNX voluntarily dropped its defamation suit against the venture investor and crypto personality.
www.coindesk.com [...]
WOO Network Repurchases Shares and Tokens From Bankrupt Hedge Fund 3AC
According to a press release, WOO agreed to cancel shares purchased by 3AC in 2021's Series A fundraise and repurchase 20 million WOO tokens, worth ar [...]
3AC founders fined by Dubai regulator over OPNX exchange
The founders of the collapsed digital asset hedge fund Three Arrows Capital (3AC) Kyle Davies and Su Zhu are now facing a fine issued by Dubai’s dedic [...]
3AC Founders' OPNX Fined $2.7M by Dubai Crypto Regulator
The exchange was formally reprimanded by the Virtual Assets Regulatory Authority (VARA) in May.
www.coindesk.com [...]
3AC co-founder avoids contempt charges following evidence of Singaporean citizenship
A judge in the bankruptcy case of defunct crypto hedge fund Three Arrows Capital (3AC) has denied a motion that would have held co-founder Kyle Davies [...]
3AC co-founder rejects jurisdiction of bankruptcy court, claiming he renounced US citizenship
Kyle Davies, the co-founder of bankrupt crypto hedge fund Three Arrows Capital (3AC), has submitted documentation to court claiming he is fully a citi [...]
3AC co-founders’ OPNX exchange onboards FTX, Celsius bankruptcy claims
OPNX, an exchange dedicated to the trading of bankruptcy claims against fallen crypto firms, has listed FTX and Celsius claims.According to the July 1 [...]
3AC Liquidator May Try to Claw Back About $1.2B From Digital Currency Group, BlockFi
A confidential July 7 report from Teneo, the liquidator, that CoinDesk reviewed referred to more than $1 billion of “prospective claims” against DCG a [...]