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Ethereum World News 2022-08-15 15:02:33

Three Arrows Capital Co-Founders Eyed $50 Million “Much Wow” Yacht Before 3AC Pulled A Titanic

Summary: Three Arrows Capital’s Su Zhu and Kyle Davies wanted to buy a Yacht worth $50 million, per reports. The supposedly all-white luxury boat was to onboard the name “Much Wow”. a nod to popular meme cryptocurrency Dogecoin. 3AC filed for bankruptcy the same month Much Wow was set to arrive and lift anchor. The crypto hedge fund also has an outstanding debt with Voyager Digital at press time. Liquidation proceedings led by Teneo Restructuring and a committee of claimants […]

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