Cryptory.net - After filing for bankruptcy in July 2022, crypto hedge fund Three Arrows Capital seems to have returned to the crypto market under the new name “3AC Ventures”.
Su Zhu and Kyle Davies, 2 founders of the collapsed crypto hedge fund Three Arrows Capital (3AC), are looking to raise $25 million to start a new crypto exchange.
Cryptocurrency lending network Celsius announced the loss of $1.2 billion was the reason for its bankruptcy and also disclosed its affiliation with other firms.
With the risk of facing many legal battles with creditors, Three Arrows Capital has transferred a large number of its stablecoins to KuCoin, according to a recent report.