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Su Zhu Amongst Creditors Files $5m Claim against His Own Firm: Sources

Su Zhu Amongst Creditors Files $5m Claim against His Own Firm: Sources

Su Zhu, the co-founder, and CEO of bankrupt Three Arrows Capital (3AC) is reportedly amongst the creditors that filed claims against the embattled crypto hedge fund.

Singapore's MAS to Open Public Consultation on Stablecoins Soon

Singapore's MAS to Open Public Consultation on Stablecoins Soon

Singapore’s apex bank, the Monetary Authority of Singapore (MAS), is ramping up plans to open up discussions with the public for stablecoin regulations.

3AC Co-Founder Reappears, Blames Liquidators for 'Baiting'

3AC Co-Founder Reappears, Blames Liquidators for 'Baiting'

Su Zhu, Three Arrows Capital co-founder, has revealed fresh details behind the collaboration between the prominent hedge fund firm and its liquidators.

Digital Asset Lender Genesis Confirms Risks Exposure of 3AC's Insolvency

Digital Asset Lender Genesis Confirms Risks Exposure of 3AC's Insolvency

According to Bloomberg, Digital asset lending firm, Genesis Capital, said it would sell its collateral to hedge against bad debt risks if Three Arrows Capital fails to meet margin calls.

3AC Withdraws $45m from Curve and Convex amid Bankruptcy

3AC Withdraws $45m from Curve and Convex amid Bankruptcy

Three Arrows Capital (3AC) might have declared bankruptcy, but the firm is still conducting a number of robust transactions according to insights derived from on-chain data.

Voyager Digital Asks Court to Allow Withdrawals Request

Voyager Digital Asks Court to Allow Withdrawals Request

Embattled crypto brokerage firm Voyager Digital recently sought permission to process user withdrawals request from the Federal Bankruptcy Court.

MAS Insists Terra, 3AC Unlicensed to Operate in Singapore

MAS Insists Terra, 3AC Unlicensed to Operate in Singapore

Ravi Menon, the managing director of the Monetary Authority of Singapore, indicated that crypto entities like Terraform Labs, the Luna Foundation Guard and Three Arrows Capital are unlicensed by MAS in Singapore.

Ex-Voyager Executives Suggest Live Trading as Restructuring Plan

Ex-Voyager Executives Suggest Live Trading as Restructuring Plan

Shingo Lavine and his father, Adam Lavine, both equity holders in Voyager and developers of Ethos, a leading cryptocurrency technology company, have proposed a restructuring plan to the troubled U.S. crypto lender.

Mark Cuban Slammed with Lawsuit for Endorsing Bankrupt Voyager Digital

Mark Cuban Slammed with Lawsuit for Endorsing Bankrupt Voyager Digital

Mark Cuban, the billionaire owner of the basketball team Dallas Mavericks, has been slammed with a class action lawsuit for his role in promoting the now bankrupt crypto platform Voyager Digital.

Court Freezes Over $1 Billion in Three Arrows Capital Assets

Court Freezes Over $1 Billion in Three Arrows Capital Assets

The British Virgin Islands court has imposed an asset freeze on Three Arrows Capital, highlighting the significant challenges and volatility in the cryptocurrency sector.

South Korean VC Firm Hashed Lost Up to $3.6B to LUNA Crash: CEO

South Korean VC Firm Hashed Lost Up to $3.6B to LUNA Crash: CEO

Simon Seojoon Kim, the CEO of South Korean venture capital firm, Hashed has revealed the firm lost up to $3.6 billion when Terra collapsed back in May.

Voyager Digital Issues Loan Default Notice to Three Arrows Capital on over $670 million Debt

Voyager Digital Issues Loan Default Notice to Three Arrows Capital on over $670 million Debt

Voyager's total exposure to Three Arrows Capital consists of over $670 million loan. The crypto hedge fund is expected to repay the loan.

3AC, Coinflex Founders Raise $25M For Claims Trading Exchange

3AC, Coinflex Founders Raise $25M For Claims Trading Exchange

The creators of bankrupt crypto hedge firm 3AC are raising funds for a new cryptocurrency exchange. Their pitch deck seeks $25 million. Presentations call the new exchange GTX. On June 27, 3AC went bankrupt, and Su and Davies disappeared.

DAppstore Creator Decenternet’s Spyce Token to be Listed on BW Exchange November 22nd

DAppstore Creator Decenternet’s Spyce Token to be Listed on BW Exchange November 22nd

Decenternet has created a marketplace for decentralized applications (dApp store) and a decentralized web browser. The token accompanying this new online ecosystem will be called Spyce. The BW Exchange plans on listing the Spyce token on November 22nd, 2019.

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