BlockFi

Voyager Digital Files Bankruptcy After Three Arrows Capital Collapse, Exposing Crypto Lending Contagion and Regulatory Failure

2022-07-05 00:00:00 +0000 UTC | Importance: 8/10

Voyager Digital Holdings and affiliates file Chapter 11 bankruptcy in the Southern District of New York after the collapse of crypto hedge fund Three Arrows Capital (3AC), which triggered a domino effect through the interconnected and unregulated crypto lending market. Voyager, like Celsius, …

Voyager Digital Three Arrows Capital Securities and Exchange Commission (SEC) BlockFi Celsius Network +2 more crypto-fraud regulatory-void bankruptcy systemic-risk shadow-banking +3 more

Three Arrows Capital Ordered Into Liquidation After $3 Billion Hedge Fund Collapse Triggers Crypto Contagion

2022-06-27 00:00:00 +0000 UTC | Importance: 9/10

A court in the British Virgin Islands ordered the liquidation of Three Arrows Capital (3AC), a Singapore-based cryptocurrency hedge fund that managed $10 billion in assets just months earlier, after the firm lost over $3 billion and defaulted on hundreds of millions in loans to crypto lenders. …

Three Arrows Capital Kyle Davies Su Zhu Monetary Authority of Singapore Dubai Financial Services Authority +4 more crypto regulatory-capture fraud hedge-fund-collapse systemic-risk +3 more