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Crypto Lender Voyager Files For Chapter 11 Bankruptcy Protection
Wednesday, July 6, 2022 - 2:49am | 402Days after it suspended trading, deposits, and withdrawals on its platform, cryptocurrency lending platform Voyager Digital LLC (OTC: VYGVF) filed for Chapter 11 bankruptcy protection in New York, according to its court filing. What Happened: As per the petition filed...
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Three Arrows Capital Owns NFTS From Bored Ape Yacht Club, CryptoPunks And More: Report
Tuesday, July 5, 2022 - 4:52pm | 468A leading crypto lending and borrowing firm that has made headlines for declaring bankruptcy has a non-fungible token portfolio containing assets from some of the most valuable and well-known collections. What Happened: Cryptocurrency lending and borrowing firm Three Arrows Capital, also known as...
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Binance CEO Changpeng Zhao Denies Giving 3AC A Credit Line Following The Hedge Fund's Insolvency
Thursday, June 23, 2022 - 3:56pm | 432Binance (CRYPTO: BNB) CEO Changpeng Zhao denies providing hedge fund Three Arrows Capital (3AC) with a large-scale credit line. What Happened: Singapore-based cryptocurrency hedge fund 3AC recently experienced insolvency when it was liquidated by numerous crypto firms after being unable...
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3 Arrows Capital's Bitcoin And Other Positions Liquidated By FTX, BitMEX and Deribit; Fund Managers Have Gone Silent
Friday, June 17, 2022 - 6:01pm | 328Crypto lending and borrowing firm Three Arrows Capital (3AC) had positions liquidated by crypto exchanges Deribit, BitMEX and FTX. What Happened: Across the past week, 3AC has experienced liquidations in Bitcoin derivative positions. As disclosed by The Block, 3AC currently owes $6...
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Three Arrows Co-Founder Gives Pace To Insolvency Rumors: 'Fully Committed To Working This Out'
Tuesday, June 14, 2022 - 11:54pm | 559Zhu Su, the co-founder of the cryptocurrency investment firm Three Arrows Capital has spoken out on social media as rumors swirl around the hedge fund’s impending insolvency. What Happened: The 3AC co-founder tweeted, “We are in the process of communicating with relevant parties and...
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Crypto Hedge Fund Buys $400M Worth Of Ethereum Just Weeks After CEO Slammed The Coin
Wednesday, December 8, 2021 - 5:42am | 663Cryptocurrency hedge fund Three Arrows Capital Ltd. is said to have purchased $400 million worth of Ethereum (CRYPTO: ETH) over the weekend. What Happened: Chinese journalist Wu Blockchain noted on Twitter that 91,447 tokens of Ether were transferred in two days from the cryptocurrency...