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3232Three Arrows Capital Co-Founder Announces New Crypto Venture Open Exchange Amid Bankruptcy Controversy
https://www.digit.info/three-arrows-capital-co-founder-announces-new-crypto-venture-open-exchange-amid-bankruptcy-controversy/
Fri, 10 Feb 2023 17:30:18 +0000https://www.digit.info/2023/02/10/three-arrows-capital-co-founder-announces-new-crypto-venture-open-exchange-amid-bankruptcy-controversy/Read more]]>Following the recent court filing from liquidators for Three Arrows Capital (3AC) claiming frustration with the 3AC co-founders for allegedly failing to respond to subpoenas sent via Twitter. Su Zhu, one of the co-founders, recently tweeted about his new crypto venture, Open Exchange. The exchange aims to provide users with the ability to trade or […]
]]>US Bankruptcy Judge Freezes Crypto Hedge Fund Three Arrows Capital’s Assets
https://www.digit.info/us-bankruptcy-judge-freezes-crypto-hedge-fund-three-arrows-capitals-assets/
Wed, 13 Jul 2022 14:20:08 +0000https://www.digit.info/2022/07/13/us-bankruptcy-judge-freezes-crypto-hedge-fund-three-arrows-capitals-assets/Read more]]>A federal judge in a New York bankruptcy court has frozen the assets of crypto hedge fund Three Arrows Capital (3AC). “A key part of this motion is to put the world on notice that it is the liquidators that are controlling the debtor’s assets at this stage.” Bankruptcy Judge Freezes 3AC’s Assets Judge Martin […]
]]>Report: Blockchain.com CEO Reveals Company Lost $270 Million From 3AC Exposure
https://www.digit.info/report-blockchain-com-ceo-reveals-company-lost-270-million-from-3ac-exposure/
Fri, 08 Jul 2022 20:30:37 +0000https://www.digit.info/2022/07/08/report-blockchain-com-ceo-reveals-company-lost-270-million-from-3ac-exposure/Read more]]>According to a report published on July 8, the cryptocurrency firm Blockchain.com lost $270 million from exposure to the crypto hedge fund Three Arrows Capital (3AC). The news was shared in a recent letter to shareholders written by the company’s CEO Peter Smith. The Blockchain.com executive stressed that the firm “remains liquid, solvent and our […]