Three Arrows Capital (also known as 3AC or TAC) was a Singapore -based cryptocurrency hedge fund which was ordered to liquidate on 27 June 2022 by a court in the British Virgin Islands. It was founded in 2012 by Kyle Davies and Su Zhu.
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".
Does three arrows file for bankruptcy?
"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". The Vere. Retrieved 3 July 2022. ^ Milmo, Dan (6 July 2022). "Cryptocurrency broker Voyager Digital files for bankruptcy protection". The Guardian.
How much money did three arrows make in 2022?
Blockchain analytics firm Nansen estimated in March 2022 that Three Arrows managed about $10 billion in cryptocurrency assets, although there is speculation that most of their visible assets were sourced by uncollateralized borrowing from various lending platforms. [citation needed]
