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Crypto hedge fund Three Arrows Capital has entered liquidation, source says

Channel News Asia LogoChannel News Asia1 mo ago

Crypto hedge fund Three Arrows Capital has entered liquidation, source says

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LONDON : Crypto hedge fund Three Arrows Capital (3AC) has entered liquidation, a person familiar with the matter told Reuters on Wednesday, in the latest sign of the market downturn hurting the crypto industry.

News of 3AC's liquidation was first reported by broadcaster Sky on Wednesday.

A British Virgin Islands court order also dated on Monday ordered 3AC's liquidation.


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Article Details

Category: Economy

Topics: 2021 Liquidation June Crypto Monday Wednesday Mediacorp Bitcoin News Market Digital

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-29, 20:43:42

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Reading Time: 2 minutes read

Article Length: 311 words

Coverage Area: Singapore

Availability: Desktop Web, Mobile Web

News ID: 20265

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About Channel News Asia

Channel News Asia Logo

Main Topics: Economy

Official Website: channelnewsasia.com

Update Frequency: 55 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 11h ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

News Language: English

RSS Feed: Available (XML)

Website Security: Secure (HTTPS)

Publisher ID: #27

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