S'pore-based crypto hedge fund Three Arrows Capital in liquidation: Source

The Straits Times LogoThe Straits Times1 mo ago

S'pore-based crypto hedge fund Three Arrows Capital in liquidation: Source

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June 29, 2022 9:14 PMLONDON (REUTERS) - 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.

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

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

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Article Details

Category: Economy

Topics: Investors Arrows First Months Wednesday Profile Three Crypto Liquidation Capital Higher

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-29, 21:14:10

News Timezone: GMT +8:00

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Language: English

Reading Time: 2 minutes read

Article Length: 319 words

Coverage Area: Singapore

Availability: Desktop Web, Mobile Web

News ID: 20381

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About The Straits Times

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Year Established: 1845

Headquarters: Singapore

News Last Updated: 14h ago

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