Crypto bankruptcy filings: From 3AC to BlockFi
Here is a timeline of the major crypto bankruptcies in the past six months.
The BlockBTC$84,084.71
0.54%
ETH$2,228.00
3.47%
USDT$0.9994755
0.05%
XRP$2.14
2.15%
BNB$588.77
2.44%
SOL$147.01
7.12%
USDC$0.99993442
0.02%
DOGE$0.20094103
2.39%
ADA$0.63183571
1.70%
stETH$2,229.81
3.12%
WTRX$0.23334353
2.45%
TRX$0.23356807
2.49%
PI$2.24
15.43%
WBTC$84,091.50
0.45%
WSTETH$2,664.33
2.65%
LTC$126.98
0.51%
LINK$14.67
2.85%
AVAX$22.12
1.49%
HBAR$0.21295294
6.51%
XLM$0.28545042
1.12%
SUI$2.81
1.49%
LEO$9.29
0.64%
TON$3.30
3.47%
SHIB$0.0000139
3.33%
USDS$1.00
0.02%
WETH$2,229.65
3.23%
OM$7.60
3.47%
DOT$4.70
4.13%
HYPE$19.85
3.74%
BCH$316.25
6.51%
BTC$84,084.71
0.54%
ETH$2,228.00
3.47%
USDT$0.9994755
0.05%
XRP$2.14
2.15%
BNB$588.77
2.44%
SOL$147.01
7.12%
USDC$0.99993442
0.02%
DOGE$0.20094103
2.39%
ADA$0.63183571
1.70%
stETH$2,229.81
3.12%
WTRX$0.23334353
2.45%
TRX$0.23356807
2.49%
PI$2.24
15.43%
WBTC$84,091.50
0.45%
WSTETH$2,664.33
2.65%
LTC$126.98
0.51%
LINK$14.67
2.85%
AVAX$22.12
1.49%
HBAR$0.21295294
6.51%
XLM$0.28545042
1.12%
SUI$2.81
1.49%
LEO$9.29
0.64%
TON$3.30
3.47%
SHIB$0.0000139
3.33%
USDS$1.00
0.02%
WETH$2,229.65
3.23%
OM$7.60
3.47%
DOT$4.70
4.13%
HYPE$19.85
3.74%
BCH$316.25
6.51%
Log in/ Sign up
Crypto Hedge Fund 3AC Co-Founder's Arrest Seemingly Confirmed by Singapore Police
Follow
Singaporean authorities have all but confirmed the apprehension of Su Zhu, a co-founder of the defunct cryptocurrency hedge fund, Three Arrows Capital.
Coinlive reported on Zhu's arrest on September 29th at Changi Airport.
The Singaporean police acknowledged the arrest of a "36-year-old man" on the same date but refrained from disclosing his identity or providing further details.
Facing Charges
Zhu now faces a four-month prison sentence under an arrest order for his alleged non-cooperation with investigations into the affairs of Three Arrows Capital.
Despite numerous attempts to obtain comments, a law firm representing Zhu and representatives of Three Arrows co-founder Kyle Davies have remained silent.
Sponsored Business Content
Zhu's last activity on the X platform, a communication medium, was noted on September 29th, when he conveyed, "Happy Mid-Autumn Festival" in Chinese.
Before this date, he was actively involved on the platform.
Demise of Three Arrows Capital
Three Arrows Capital's downfall, marked by substantial losses resulting from ill-fated trades and investments spanning 2021 and 2022, triggered a cascade effect across the wider cryptocurrency market.
Currently, the fund reportedly owes creditors an approximate total of $2.8 billion, and both Davies and Zhu have seemingly evaded authorities since the events of last year.
Sponsored Business Content
Gain a broader understanding of the crypto industry through informative reports, and engage in in-depth discussions with other like-minded authors and readers. You are welcome to join us in our growing Coinlive community:https://t.me/CoinliveSG
Add Comment
LoginLeave your comments
0 Comments
Earliest
There's nothing here for now
More news about 3ac crypto
- Deadline looms for 3AC creditorsBullishBearish
- 3ac 청산인 "채권자 회수율 46% 추정"BullishBearish
- 3AC 공동 설립자, 컴백 암시BullishBearish
- 3AC 관련 주소에서 100만 USDT 수령BullishBearish
- FTX, 3AC, SEC Oppose BlockFi's Bankruptcy PlanBullishBearish
- Three Arrows Capital Founders Launch 3AC VenturesBullishBearish
More news about 3ac crypto
- The Block
Be[in]Crypto Presents Its Top Seven Altcoin Picks for Sept
BeincryptoCrypto Exchange Coinbase Clears The Air, Claims No Exposure To 3AC
Crypto exchange Coinbase addressed the insolvency rumors which have emerged over the past week. These claims stated that the U.S. ...
BitcoinistCrypto Biz: The 3AC saga takes another bizarre twist
Once the most revered hedge fund in crypto, Three Arrows Capital has gone bust. As it turns out, its holdings of Deribit shares may be much smaller than reported.
CointelegraphHow Crypto Hedge Fund 3AC Borrowed $2.3 billion From Lending Firm Genesis
Failed crypto hedge fund Three Arrows Capital (3AC) has been in the spotlight because it has defaulted on debt obligations ...
BitcoinistCrypto Biz: 3AC’s founders are nowhere to be found
Liquidators don't know the whereabouts of Kyle Davies and Su Zhu. Meanwhile, Grayscale's legal officer says the asset manager's lawsuit against the SEC could take a while to play out.
CointelegraphCrypto Biz: Coinbase downgraded, 3AC deemed insolvent and Michael Saylor buys the dip
Coinbase, Three Arrows Capital and MicroStrategy headline the latest business news from the world of blockchain.
CointelegraphCrypto Lending Platforms Under Immense Stress As Court Orders 3AC Liquidation
Multiple events in the last two months have seen various crypto lending platforms come under fire from both a liquidity ...
BitcoinistInside The Three Arrows Capital (3AC) Collapse And The Lessons It Has Taught Crypto
The Three Arrow Capital (3AC) collapse has come barely one month after the Terra collapse. Both of these crypto giants ...
BitcoinistUS hedge fund Citadel CEO: Bitcoin will be replaced by Ethereum-based tokens
Billionaire businessman Ken Griffin says there is "misplaced enthusiasm" when it comes to cryptocurrencies.
Cointelegraph
Sponsored Business Content
Subscribe
to Coinlive newsletter and stay updated
