Three Arrows Capital Files for Bankruptcy in New York Tied to British Virgin Islands Proceeding

2022-7-2 01:29

Beleaguered crypto firm Three Arrows Capital filed for bankruptcy late Friday.

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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