Three Arrows Capital Ordered Into Liquidation After $3 Billion Hedge Fund Collapse Triggers Crypto Contagion
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
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crypto
regulatory-capture
fraud
hedge-fund-collapse
systemic-risk
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