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3232Three Arrows Capital Allegedly Owes Voyager Digital $655M — Crypto Firm Is ‘Unable to Assess’ if It Can Recover the Funds
https://www.digit.info/three-arrows-capital-allegedly-owes-voyager-digital-655m-crypto-firm-is-unable-to-assess-if-it-can-recover-the-funds/
Thu, 23 Jun 2022 17:45:28 +0000https://www.digit.info/2022/06/23/three-arrows-capital-allegedly-owes-voyager-digital-655m-crypto-firm-is-unable-to-assess-if-it-can-recover-the-funds/Read more]]>According to reports, the TSX-listed Voyager Digital is another company that has been negatively affected by financial issues tied to the crypto hedge fund Three Arrows Capital (3AC). In a letter to investors, Voyager’s management explained that 3AC potentially defaulted on a $655 million loan and it hopes to obtain some of the funds by […]
]]>Report: Celsius Seeks Help From Restructuring Lawyers Over Financial Hardship
https://www.digit.info/report-celsius-seeks-help-from-restructuring-lawyers-over-financial-hardship/
Wed, 15 Jun 2022 05:30:42 +0000https://www.digit.info/2022/06/15/report-celsius-seeks-help-from-restructuring-lawyers-over-financial-hardship/Read more]]>Following the rumors and speculation surrounding the crypto lending firm Celsius, a Wall Street Journal report, quoting “people familiar with the matter,” explains that the company is reportedly hiring restructuring lawyers. Basically, hiring restructuring and insolvency attorneys is one of the first stages of fixing a company’s financial hardship by essentially attempting to avoid insolvency. […]
According to reports, the TSX-listed Voyager Digital is another company that has been negatively affected by financial issues tied to the crypto hedge fund Three Arrows Capital (3AC). In a letter to investors, Voyager’s management explained that 3AC potentially defaulted on a $655 million loan and it hopes to obtain some of the funds by […]
Following the rumors and speculation surrounding the crypto lending firm Celsius, a Wall Street Journal report, quoting “people familiar with the matter,” explains that the company is reportedly hiring restructuring lawyers. Basically, hiring restructuring and insolvency attorneys is one of the first stages of fixing a company’s financial hardship by essentially attempting to avoid insolvency. […]