ICYMI: a BVI court has ordered the liquidation of Three Arrows Capital $BTC
Rumors about 3AC's woes started swirling in early June. The once-dominant hedge fund has been hit extremely hard by the collapse of Terra and the ensuing market contagion. after it started selling off its assets.
The liquidation of one of the most influential cryptocurrency firms could cause more pain for the cryptocurrency sector, which is struggling to recover after a string of bad news. Bitcoin is currently trading slightly above the $20,000 level.
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Three Arrows Capital Ordered Into Liquidation by a Birtish Virgin Islands CourtThree Arrows Capital has been ordered into liquidation by a court in the British Virgin Islands.
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Ailing Crypto Trading Firm Three Arrows Capital Defaults On $675 Million Loan To Voyager DigitalThe crypto brokerage firm is now relying on $75 million from an Alameda Research-issued credit line to process limited withdrawals and is seeking options to recover the funds.
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Ailing Crypto Trading Firm Three Arrows Capital Defaults On $675 Million Loan To Voyager DigitalThe crypto brokerage firm is now relying on $75 million from an Alameda Research-issued credit line to process limited withdrawals and is seeking options to recover the funds.
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