Pitch decks: Three Arrows Capital founders Su Zhu and Kyle Davies are hoping to raise $25M to start crypto exchange GTX, partnering with two CoinFlex executives
- Su Zhu and Kyle Davies, the founders of collapsed crypto hedge fund Three Arrows Capital (3AC), are hoping to raise $25 million …
Coinbase says it has no exposure to collapsed crypto firms Celsius, 3AC, and Voyager but made a “non-material” investment in Terraform Labs; stock up 19%+
- Coinbase said in a blog post that it had “no financing exposure” to collapsed crypto firms Celsius, Three Arrows Capital and Voyager Digital.
How crypto broker Voyager, which generated interest on deposits by loaning crypto assets, collapsed after its largest borrower Three Arrows Capital defaulted
In an industry where counterparties are tightly bound together by a weave of debt and leverage, dominoes can fall fast and hard.
Three Arrows Capital files for Chapter 15 bankruptcy, protecting its US assets from creditors while a British Virgin Islands court carries out a liquidation
We're wrapping up our second quarter together so let's take a break … Tweets: Shaquille O'Atmeal / @crypt0e : Congratulations everyone, our very own Lehman Bros moment! We're growing up so fast! https...
Three Arrows Capital files for Chapter 15 bankruptcy, a move that protects its US assets while a liquidation is carried out in the British Virgin Islands
Crypto hedge fund Three Arrows Capital has filed for Chapter 15 bankruptcy, a move that protects its US assets while a liquidation is carried out in the British Virgin Islands.
Crypto broker Voyager Digital says its exposure to Three Arrows Capital consists of 15,250 bitcoin and $350M USDC, and “may issue a notice of default” to 3AC
CoinDesk : Source: PR Newswire .
Crypto broker Voyager says its exposure to Three Arrows Capital consists of 15,250 bitcoin and $350M USDC; Voyager might issue a “notice of default”
The crypto broker said it's on the hook for about $370 million of bitcoin and $350 million of USDC and has asked for a repayment installment by Friday. Source: PR Newswire .
Sources: BlockFi was among the groups that liquidated at least some positions held by Three Arrows Capital, which failed to meet margin calls this past weekend
BlockFi was among a clutch of firms that liquidated the Singapore-based group's positions — Three Arrows Capital failed …
Sources: crypto hedge fund Three Arrows Capital faces an uncertain future after a $400M+ liquidation; CEO Su Zhu: we are “fully committed to working this out”
Frank Chaparro / The Block :
Sources: crypto hedge fund Three Arrows Capital faces an uncertain future after a $400M liquidation; CEO Zhu tweeted we are “committed to working this out”
The future of crypto hedge fund Three Arrows Capital hangs in the balance as the firm faces potential insolvency after being liquidated by its lenders. Source: @zhusu .