Bankrupt 3AC Estimated its Assets at $1 Bln in July, new report says
The assets included around $37 million in fiat money, tokens worth $238 million, NFTs worth $22 million, and venture investments worth approximately $502 million
Other top stories
All stories
Latest firstThree Arrows Capital Liquidators Seize Over $35 Mln From Its Singapore Bank Accounts
Three Arrows Capital Liquidators have also recovered $2.8 million from forced redemptions of investments
Bankrupt 3AC faces probe by US SEC, CFTC
SEC and CFTC are probing whether 3AC misled investors about its balances and failed to register with the two regulatory bodies.
3AC’s Liquidator Gets Singapore Court’s Recognition to Probe
Teneo, the court-appointed liquidator of insolvent 3AC, received the recognition of the Singapore Court on its liquidation order
3AC Liquidators get Permission to Subpoena Founders
Key Takeaways Liquidators were granted full control of 3AC’s U.S. assets and right to subpoena. Physical whereabouts of 3AC Co-founders unknown. Three Arrow Capital’s liquidators acquire permission to subpoena Co-founders Kyle Davies and Zhu Su along with banks and digital…
Venture Capital Firm DeFiance might consider Legal Action against 3AC
Key Takeaways According to sources, DeFiance Capital was incubated by Three Arrows Capital. 3AC and DeFiance has indulged in various co-investment deals in the past. DeFiance had earlier tried to distance itself from 3AC after news of the crypto hedge…