ICYMI: Five-member creditor committee formed for Three Arrows Capital’s liquidation
A five-member committee of creditors of bankrupt hedge fund Three Arrows Capital has been formed, according to three sources with knowledge of the matter.
A five-member committee of creditors of bankrupt hedge fund Three Arrows Capital has been formed, according to three sources with knowledge of the matter. 3AC had grown into one of the crypto industry's biggest hedge funds before May's collapse of the Terra ecosystem left it facing significant losses. Last month, a court in the British Virgin Islands appointed financial advisory firm Teneo to handle 3AC's liquidation and 3AC filed for Chapter 15 bankruptcy in New York a few days later.The largest creditor on the list is Genesis Asia Pacific Pte Ltd., a unit of the brokerage subsidiary of Digital Currency Group , which had loaned $2.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
The Tale of Three Arrows Capital: The Rise & Fall of Crypto's Most Iconic Hedge FundThree Arrows Capital was one of the crypto industry's biggest success stories and its co-founders were highly regarded within the community but its liquidation-related affairs made it one of the biggest cautionary tales. 3AC
Weiterlesen »
Crypto lender Genesis lent $2.36 billion to Three Arrows CapitalDocuments obtained by The Block highlight a $2.36 billion outstanding loan balance owed to crypto lender Genesis by 3AC.
Weiterlesen »
Crypto lender Celsius loaned $75 million to Three Arrows CapitalTroubled crypto lender Celsius had $75 million of exposure to Three Arrows Capital. Both companies are now going through bankruptcy proceedings.
Weiterlesen »
MLB Draft: Three Cal stars, three Stanford standouts, one Saint Mary’s prospect selected on Day 2The Bay Area proved it is one of the hotbeds for top baseball prospects in the early rounds of this year’s MLB Draft.
Weiterlesen »
Driver killed, two hospitalized after three-car crash on Parks Highway near WasillaA driver was killed and two others were injured in a three-car crash on the Parks Highway early Sunday.
Weiterlesen »