3AC creditors frustrated with bankruptcy proceedings

3AC creditors frustrated with bankruptcy proceedings
фото показано с : btcmanager.com

2023-1-12 00:47

The bankruptcy case involving the collapsed crypto hedge fund, Three Arrows Capital (3AC) continues to unfold; co-founder Kyle Davis claims that the company’s creditors are ‘frustrated’.

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3ac bankruptcy frustrated creditors co-founder unfold kyle

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Фото:

Report: Unexpected liquidations may force Three Arrows Capital into bankruptcy

The present market situation echoes the early days of the 2008 financial crisis, owing to increased liquidations and conservative investor sentiments. Three Arrows Capital (3AC), a Dubai-based hedge fund manager, may be on the verge of bankruptcy after accruing at least $400 million in liquidations lately, as reported by The Block.

2022-6-16 17:33