Tag: crypto hedge fund

Aug 24 2022

Three Arrows Liquidators Granted Singapore Court Clearance To Investigate Crypto Fund

The liquidators of Three Arrows Capital were granted an important court ruling in Singapore, which is expected to offer them with a broader perspective into the bankrupt crypto hedge fund's residual assets, persons with knowledge of the situation disclosed on Wednesday. Bloomberg reports, citing persons with knowledge of the situation, that the Singapore High Court approved the motion of Teneo, the appointed liquidator...

Jul 13 2022

Three Arrows Assets Ordered Frozen By Judge – How Much Deeper 3AC’s Trouble Can Get?

Three Arrows Capital just got itself in deeper trouble while the brains behind the company are nowhere to be found. The New York Southern Bankruptcy Court on Wednesday held an emergency hearing for creditors of the bankrupt crypto hedge company Three Arrows. Multiple news agencies reported that during court proceedings, Judge Glenn Martin ordered that Three Arrows Capital cannot dispose of or transfer...

Jul 12 2022

Three Arrows Capital Founders Nowhere To Be Found, Creditors Say

The founders of Three Arrows Capital are nowhere to be found, a filing by advisory firm Teneo, which is expected to liquidate the remaining assets of the embattled cryptocurrency hedge fund, disclosed. Late in June, Three Arrows filed for Chapter 15 bankruptcy in the British Virgin Islands as a result of a severe selloff in digital currencies. The action was intended to shield...

Jun 29 2022

Three Arrows Capital In Deep Trouble As Court Orders For Its Liquidation

According to a report from Sky News on Wednesday, a judge has apparently ordered the liquidation of Three Arrows Capital. If true, this decision will exacerbate the turmoil that has plagued the crypto hedge fund and the crypto space as a whole over the past few weeks. Based on the report, partners from Teneo Restructuring in the British Virgin Islands have been hired...

Jun 08 2021

Breaking: Marc Lasry-backed BlockTower Capital Acquires Crypto Hedge Fund Gamma Point

Crypto hedge fund BlockTower Capital backed by billionaire hedge-fund manager Marc Lasry recently announced the acquisition of its market rival Gamma Point Capital. Although the terms of the deal aren't...

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