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Published 2 years ago

Crypto hedge fund Three Arrows files for Chapter 15 bankruptcy

Summary by Ground News

Crypto hedge fund Three Arrows Capital (3AC) has filed for Chapter 15 bankruptcy in New York. The mega fund, founded by Credit Suisse traders Zhu Su and Kyle Davies, at one time managed an estimated $10 billion in assets. Its insolvency has forced major industry players to reshuffle operations and limit customer withdrawals.

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Crypto hedge fund Three Arrows files for Chapter 15 bankruptcy

Crypto hedge fund Three Arrows Capital (3AC) is seeking protection from creditors in the United States under Chapter 15 of the U.S. Bankruptcy Code, which allows foreign debtors to shield U.S. assets, according to a court filing on Friday.

2 years ago·United Kingdom

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Crypto hedge fund Three Arrows Capital files for bankruptcy – TechCrunch

Three Arrows Capital managed an estimated $10 billion in assets and was a linchpin among crypto finance players.

2 years ago·United States

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Cryptocurrency hedge fund Three Arrows files for bankruptcy in the US

Singapore-based company hit by sharp sell-off in crypto markets

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Three Arrows Capital files for Chapter 15 bankruptcy, protecting its US assets from creditors while a British Virgin Islands court carries out a liquidation

By Jeremy Hill / Bloomberg. View the full context on Techmeme.

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Bloomberg Linea

Crypto Hedge Fund Three Arrows Files for Chapter 15 Bankruptcy in N.Y.

Company representatives filed bankruptcy petition in New York on Friday, court documents show

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Three Arrows Capital Files for Bankruptcy in New York Tied to British Virgin Islands Proceeding

A British Virgin Islands court ordered Three Arrows' BVI branch into liquidation earlier this week.

2 years ago·Manila, Philippines

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