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

Quick Summary AI Powered

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.

or

Read Full Article2 minutes

Want your news featured here?

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

News Source URL: straitstimes.com

Language: English

Reading Time: 2 minutes read

Article Length: 319 words

Coverage Area: Singapore

Availability: Desktop Web, Mobile Web

News ID: 20381

View Article Analysis

About The Straits Times

Main Topics: Economy

Official Website: straitstimes.com

Update Frequency: 16 posts per day

Year Established: 1845

Headquarters: Singapore

News Last Updated: 14h 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: #25

Publisher Details