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ONE OF THE LARGEST CRYPTOCURRENCY HEDGE FUNDS 3AC HAS GONE BANKRUPT

Following reports that Three Arrows Capital Ltd. (3AC) received an order from the Monetary Authority of Singapore (MAS) for "providing false information" and "misleading", and one of its subsidiaries was in the process of liquidation by the decision of the British Virgin Islands Court ...

Modified: 07.04.2022
bankruptcy , bankruptcy of legal entities , cryptocurrency , 3AC
Path: РусБанкрот - СМИ

BANKRUPTCY OVERTOOK THE VOYAGER DIGITAL CRYPTO-LENDER

... lender has suspended withdrawals, trading and deposits on its platform and said it is exploring strategic alternatives to preserve assets. This happened after the company sent a notice of breach of obligations to the hedge fund Three Arrows Capital (3AC) in connection with the latter's failure to fulfill the necessary loan payments. It is worth noting that many of the recent problems of the crypto industry can be traced to the example of the loud fall of the TerraUSD stablecoin in May. As a result,...

Modified: 07.06.2022
cryptocurrency , bankruptcy , bankruptcy of companies , 3AC , bitcoin , Terra , Voyager Digital
Path: РусБанкрот - СМИ
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