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    Tag: 3ac

    Bankrupt Three Arrows Capital (3AC) Returns Crypto Market Under New Name “3AC Ventures”

    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”.

    Forbes: Binance Moved $1.8B in Stablecoin Collateral to Hedge Funds

    According to Forbes, crypto exchange Binance supposedly moved $1.8B of collateral to other parties in 2022.

    8 Craziest Crypto Stories of 2022 (P2)

    Cryptory.net - Here are some crazy stories that rocked the crypto market last year.

    Su Zhu and Kyle Davies of 3AC Raising $25M for a New Crypto Exchange

    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.

    Genesis Trading Joins 3AC’s Creditor List With a Loan of $2.36 Billion

    As reported by Teneo, Genesis Trading has loaned Three Arrows Capital (3AC) up to $2.36 billion under collateral.

    Celsius Is One of 3AC Creditors, Confirms the Loss of $1.2 Billion

    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.

    Three Arrows Capital’s Stablecoins Are in Transit – What is Happening?

    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.