3AC’s liquidators to sell NFTs to recover assets
Hundred of NFTs would be subject to sale, including pieces from renowned collections such as the Bored Ape Kennel Club, Autoglyphs
Tag 3AC
Three Arrows Capital Boosts FTX Bankruptcy Claim to $1.5 Billion
Key Takeaways The liquidators of Three Arrows Capital (3AC), the now-defunct hedge fund, have raised their bankruptcy claim against the crypto exchange FTX from $120 million to $1.5 billion. The updated claim accuses FTX of prematurely liquidating 3AC’s assets just…
Bankrupt 3AC Seeks $1.3 Billion Claim from Terraform Labs
Key Takeaways Liquidators of the failed cryptocurrency hedge fund Three Arrows Capital (3AC) have filed a $1.3 billion claim against Terraform Labs. This lawsuit is part of 3AC’s ongoing efforts to recover losses following the dramatic collapse of the Terra…
US Court Approves BlockFi and 3AC Settlement Deal Despite Sealed Details
The US court accepted a settlement resolving claims and disputes between 3AC and BlockFi, but she ordered that the specifics be confidential.
Singapore High Court Gives Nod to DeFiance Capital Suit Against 3AC
The insolvent crypto hedge fund 3AC has lost its motion to dismiss the action brought in April by Arthur Cheong by the Singapore High Court.
Singapore Imposes 9-Year Trading Ban on Three Arrows Founders
Singapore's central bank has given Kyle Davies and Zhu Su nine-year restriction orders due to alleged violations of the nation's securities regulations.
3AC Liquidators Seek $1.3 Billion from Bankrupt Hedge Fund’s Founders
Key takeaways : 3AC Liquidators, a financial firm overseeing the liquidation process of a bankrupt hedge fund, has initiated legal action to recover $1.3 billion from the founders of the defunct fund. This significant development marks a crucial step in…
Coinflex and 3AC founders partner to launch new crypto exchange GTX: Report
GTX will trade crypto claims owed to creditors hit by the fall of numerous crypto-related ventures
3AC Founder Alleges FTX and DCG for Terra’s Collapse
The founder of 3AC accused the Digital Currency Group of collaborating with FTX to target LUNA in a series of accusations.
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
