Founders of Bankrupt Three Arrows Capital Plan Trading Platform for Distressed Crypto Debt

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Founders of Bankrupt Three Arrows Capital Plan Trading Platform for Distressed Crypto Debt
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The founders of bankrupt crypto hedge-fund firm Three Arrows Capital are seeking to launch an exchange where creditors to insolvent digital-assets firms, including their own, would be able to buy and sell claims

The founders of a bankrupt crypto hedge-fund firm are seeking to launch an exchange where creditors to insolvent digital-assets firms, including their own, would be able to buy and sell claims.

Su Zhu, a co-founder of the bankrupt crypto hedge-fund manager Three Arrows Capital Ltd., said that he and others are seeking to raise $25 million in seed money for the new platform. A pitch deck to potential investors, seen by The Wall Street Journal, referred to the company as GTX, a poke at

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Defunct Crypto Hedge Fund Three Arrows Capital Founders Seek $25 Million to Start New Exchange Amid Scrutiny – Bitcoin NewsDefunct Crypto Hedge Fund Three Arrows Capital Founders Seek $25 Million to Start New Exchange Amid Scrutiny – Bitcoin NewsAccording to reports, the founders of the now-defunct crypto hedge fund Three Arrows Capital are seeking to raise $25 million from investors. 3AC
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