Tag: 3AC
Andrew Kang Acquires Pepe NFT in Sotheby’s 3AC Liquidation
© Reuters. Andrew Kang Acquires Pepe NFT in Sotheby’s 3AC Liquidation Andrew Kang, co-founder of Mechanism Capital, successfully acquired the original Pepe the Frog NFT. The major acquisition took place…
Three Arrows Capital (3AC): Court freezes founder assets
Creditors are demanding more than three billion US dollars from the former crypto giant. The founder’s assets are now stuck. Source: BTC ECHO The post Court freezes assets of…
3AC: Central bank in Singapore imposes ban on founders
Wrong information and inadequate risk management: The Singaporean central bank takes action against 3AC founders Su Zhu and Kyle Davies. Source: BTC ECHO The post Singapore Central Bank imposes…
CryptoPunk: Sotheby’s is auctioning off NFTs from old 3AC holdings
Art auction house Sotheby’s announced this week that it will sell NFT artworks seized from bankrupt hedge fund Three Arrows Capital. Source: BTC ECHO The post Sotheby’s auctions off…
GTX: 3AC Founders Working on New Crypto Company
After the bankruptcy of 3AC, the founders Zhu Shu and Kyle Davies are working together with CoinFlex on a new company (GTX). It aims to compensate creditors of insolvent companies.…
Yacht of the 3AC founders spotted near Malta
At the height of the crypto frenzy last year, Kyle Davies and Su Zhu, founders of hedge fund Three Arrows Capital (3AC), treated themselves to a yacht in the Cayman…
3AC: Singapore Court of Justice upholds hedge fund liquidators
Advisors of the insolvent 3AC fund have been given access to the remaining assets by the decision of the Supreme Court in Singapore. Source: BTC ECHO The article Singapore…
3AC: Bankrupt hedge fund makes a cinematic exit
$3 billion in debt, a luxury yacht at corporate expense, and founders making claims against their own company. New documents bring to light unbelievable details about the 3AC bankruptcy. …
Are the 3AC bosses on the run?
The drama surrounding Three Arrow Capital (3AC for short) takes a new turn. The two founders of one of the largest hedge funds in the crypto industry are nowhere to…
Process in the tax haven: Three Arrows Capital (3AC) is officially bankrupt
Three Arrows Capital (3AC) is insolvent. The company has filed corresponding bankruptcy proceedings with a New York court. This confirms rumors about the bankruptcy of the hedge fund. Source:…
After 3AC bankruptcy: Voyager Digital (VGX) halts trading and withdrawals
+++ After 3AC bankruptcy: Voyager Digital (VGX) stops trading and withdrawals +++ Scam warning: The Polygon network (MATIC) is currently under attack +++ Leading NFT platform OpenSea informs users about…
Fall of Bitcoin: Three Arrows Capital (3AC) liquidated by 5 cryptocurrency platforms
The harder the fall – Bitcoin, queen of all cryptocurrencies, is experiencing a severe bear market. Bogged down, the BTC price failed to recover. Stuck under the $20,000, this hell…