Digital Currency Group Inc., the cryptocurrency conglomerate that owns Genesis Global Trading Inc., is the biggest creditor of the beleaguered hedge fund...
Digital Currency Group Inc., the cryptocurrency conglomerate that owns Genesis Global Trading Inc., is the biggest creditor of the beleaguered hedge fund Three Arrows Capital Ltd., according to court documents compiled by Three Arrows’ liquidator.
Three... Digital Currency Group Inc., the cryptocurrency conglomerate that owns Genesis Global Trading Inc., is the biggest creditor of the beleaguered hedge fund Three Arrows Capital Ltd., according to court documents compiled by Three Arrows’ liquidator. Three Arrows, founded in 2012 by Su Zhu and Kyle Davies, was ordered into liquidation last month after creditors sued the hedge fund for failure to repay debts. The hedge fund suffered heavy losses in recent months amid a broad selloff in cryptocurrencies.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Crypto lender Genesis lent $2.36 billion to Three Arrows CapitalDocuments obtained by The Block highlight a $2.36 billion outstanding loan balance owed to crypto lender Genesis by 3AC.
Read more »
The Tale of Three Arrows Capital: The Rise & Fall of Crypto's Most Iconic Hedge FundThree Arrows Capital was one of the crypto industry's biggest success stories and its co-founders were highly regarded within the community but its liquidation-related affairs made it one of the biggest cautionary tales. 3AC
Read more »
Five-member creditor committee formed for Three Arrows Capital's liquidationThree Arrows Capital liquidator Teneo has appointed a five-member committee of 3AC's creditors, sources tell The Block.
Read more »
Crypto lender Celsius loaned $75 million to Three Arrows CapitalTroubled crypto lender Celsius had $75 million of exposure to Three Arrows Capital. Both companies are now going through bankruptcy proceedings.
Read more »
MLB Draft: Three Cal stars, three Stanford standouts, one Saint Mary’s prospect selected on Day 2The Bay Area proved it is one of the hotbeds for top baseball prospects in the early rounds of this year’s MLB Draft.
Read more »
Three questions for Democrats about the Jan. 6 committeeThe Jan. 6 committee is gearing up for what could be its final prime-time public hearing next week, offering viewers at home a version of its closing arguments.
Read more »