Cryptocurrency hedge fund Three Arrows Capital (3AC) filed for Chapter 15 bankruptcy in a bid to protect its US assets from creditors in the country, as reported earlier by Bloomberg and CNBC.
Who are 3AC ventures?
The emergence of 3AC Ventures, the newventure capital fund founded by Su Zhu and Kyle Davies, marks a significant development following the bankruptcy of Three Arrows Capital.
Who are three arrows capital co-founders Kyle Davies & Su Zhu?
The co-founders of the now-liquidated crypto hedge fund Three Arrows Capital are pitching a new company focused on digital currency bankruptcy claims. Kyle Davies and Su Zhu, both founders of defunct Three Arrows Capital, are two of the founding members listed in a pitch deck reviewed by CNBC.
Will three arrows liquidate a crypto hedge fund?
"Crypto Hedge Fund Three Arrows Ordered by Court to Liquidate". Wall Street Journal. Retrieved 30 June 2022. ^ Knauth, Dietrich (11 July 2022). "Three Arrows liquidators asks U.S. court to force crypto founders to cooperate". Reuters. Retrieved 18 July 2022. ^ Roth, Emma (2 July 2022). "Crypto hedge fund Three Arrows files for bankruptcy".
