Withdrawal of $45M from Curve Finance, Convex, Was Not From 3AC, Nansen Says
By / September 7, 2022, 4:29 am EDT

… spokesperson:

“This wallet was labelled Three Arrows Capital (3AC) due to it receiving large amounts of crypto from another known 3AC wallet. After investigating further, we’ve confirmed it was a 3AC counterparty managing this wallet: Matrixport. We’ve updated the …

Register Now
3AC Co-Founders Headed to Dubai, Want Orderly Liquidation: Report
By / July 22, 2022, 7:30 am EDT

… he said

Su Zhu and Kyle Davies are finally openly addressing the collapse of their hedge fund Three Arrows Capital (3ac) after liquidators accused them of failing to cooperate over creditor claims.

The 35-year-olds, who began the company at …

Register Now
3AC’s Zhu and Davies To Skip Liquidators’ Court Hearing, Email Shows
By / July 12, 2022, 8:14 am EDT

The co-founders were set to attend a virtual court hearing on Tuesday, but they aren’t expected to show up
Zhu referred to as-yet-unnanounced token from Starkware that 3AC was in line to receive

Three Arrows Capital’s …

Register Now
Q&A: Crypto Lawyers Talk 3AC Liquidation, ‘Code Is Law’
By / July 5, 2022, 2:12 pm EDT

… s need for legal counsel.

Timothy Spangler, Dechert LLP

Blockworks: What impact will the upcoming litigation surrounding Three Arrows Capital (3AC) and Celsius have on the crypto industry in the years to come?

Timothy Spangler

Spangler: This period of restructuring and …

Register Now
3AC Files for Bankruptcy as Co-founders’ Location Unknown
By / July 2, 2022, 3:58 am EDT

Three Arrows Capital has collapsed in the wake of extreme crypto market fluctuations, the petition said
Nansen estimated 3AC managed $10 billion in assets as of April, but the petition shows it held just $3 billion at the same time

Less …

Register Now
Finblox Increases Withdrawal Limits Following 3AC Assessment
By / June 30, 2022, 5:37 pm EDT

… a $1,500 cap on monthly withdrawals on June 16 and suspended staking rewards when major crypto hedge fund firm 3AC’s financial strife first came to light.

Following 3AC‘s ordered liquidation from a British Virgin Islands court earlier this …

Register Now
Voyager Digital Issues 3AC Notice of Default on Loan Around $665M
By and / June 27, 2022, 10:32 am EDT

Voyager Digital’s exposure to 3AC could pose serious issues for the company, analysts say
Three Arrows owes Voyager 15,250 bitcoins and $350 million in USDC

Voyager Digital has issued a notice of default to Three Arrows Capital, as the …

Register Now
Crypto Firms On Alert During Market Uncertainty as 3AC Defaults
By / June 27, 2022, 7:31 am EDT

… investment in LUNA.

On Thursday, Finblox, a Hong-Kong based crypto staking and yield generation platform which secured investment from 3AC, said it will impose a $1,500 monthly withdrawal limit and pause reward distribution amid 3AC’s uncertainty.

“This set …

Register Now
BlockFi Says It Liquidated a 'Large Client' Amid 3AC's Margin Calls
By / June 17, 2022, 5:00 am EDT

… not explicitly named the client, it comes amid reports claiming crypto hedge fund and venture capital firm Three Arrows Capital (3AC) was the counterparty involved, according to the Financial Times.

“BlockFi can confirm that we exercised our best business judgment recently …

Register Now
Finblox Imposes Withdrawal Limit Amid 3AC’s Uncertainty
By / June 16, 2022, 6:41 pm EDT

… and foam in the wake of the possible insolvency of longtime digital assets-focused hedge fund firm Three Arrows Capital (3AC).

This move came after Wednesday’s report that 3AC is facing potential insolvency after a $400 million liquidation. Finblox raised …

Register Now