Starry Night Capital’s NFT collection is being moved by liquidator to a new Ethereum wallet.
The NFT fund of the insolvent crypto hedge fund Three Arrows Capital bought the tokens in 2021. 3AC filed for bankruptcy earlier this year, after taking a hit from the collapse of the Terra ecosystem and the ensuing crypto winter. Now its liquidator, Teneo, says the tokens are being transferred into its hands.
The Starry Night Capital NFT fund was established last year by crypto hedge fund Three Arrows Capital and an NFT collector going by the pseudonym Vincent Van Dough. Their initial intention was to raise some $100 million in order to acquire tokens from popular NFT collections and prominent artists.These NFTs include:
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