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Ethereum World News 2022-06-29 11:03:06

Three Arrows Capital Liquidation Ordered By BVI Court – Sky News

Summary: A British Virgin Islands court ordered the liquidation of crypto hedge fund 3AC, Sky News learned. Teneo Restructuring is set to handle the insolvency proceedings, per the report. Voyager Digital issued a notice of default to 3AC earlier this week regarding the latter’s $650 million loan. 3AC positions have been liquidated on several exchanges so far including BitMEX, Deribit, and FTX. Co-founder Su Zhu and Kyle Davies remain unavailable at press time. A court in the British Virgin Islands […]

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