Published 2 years ago

Crypto hedge fund Three Arrows Capital has entered liquidation, source says

Summary by Ground News

A court in the British Virgin Islands on June 27 ordered the liquidation of Singapore-based 3AC. The firm has reportedly failed to meet margin calls from its lenders amid a massive market downturn this year. 3AC reportedly borrowed BTC From crypto lending firm BlockFi but was unable to meet a margin call.

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Reuters

Crypto hedge fund Three Arrows Capital has entered liquidation, source says

Crypto hedge fund Three Arrows Capital (3AC) has entered liquidation, a person familiar with the matter told Reuters on Wednesday, in the latest sign of the market downturn hurting the crypto industry.

2 years ago·United Kingdom

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The Washington Post

Three Arrows Capital falls into liquidation after crypto crash

A court in the British Virgin Islands ordered the crypto-focused firm into liquidation following a failure to repay its creditors as the value of bitcoin and other cryptocurrencies have nosedived.

2 years ago

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CNBC

Crypto hedge fund Three Arrows Capital plunges into liquidation as market crash takes toll

A slump in cryptocurrency prices, which has seen billions of dollars wiped off the market, has exposed a liquidity crisis at Three Arrows Capital.

2 years ago·United States

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Channel News Asia

Crypto hedge fund Three Arrows Capital has entered liquidation, source says

LONDON : Crypto hedge fund Three Arrows Capital (3AC) has entered liquidation, a person familiar with the matter told Reuters on Wednesday, in the latest sign of the market downturn hurting the crypto industry.Singapore-based 3AC is one of the higher profile crypto investors to have run into difficulties

2 years ago·Singapore

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UOL

Court orders liquidation of management company Three Arrows Capital, press says

3AC is one of the leading companies in the area of cryptocurrency investments; liquidation has the potential to shake the market

2 years ago·Brazil

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Sky News UK

Crypto hedge fund Three Arrows Capital plunges into liquidation

A court in the British Virgin Islands has ordered the liquidation of Singapore-based Three Arrows Capital, underlining the crisis gripping the cryptocurrency sector, Sky News learns.

2 years ago·United Kingdom

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