A courtroom within the British Virgin Islands has ordered the liquidation of Singapore-based Three Arrows Capital, underlining the disaster gripping the cryptocurrency sector.
Three Arrows Capital, a cryptocurrency-focused hedge fund, has plunged into liquidation, deepening the disaster engulfing the worldwide digital belongings sector.
Sky Information has learnt that companions from Teneo within the British Virgin Islands has been lined as much as deal with the insolvency of the Singapore-based agency, which was arrange in 2012 by Su Zhu and Kyle Davies.
Learn the complete article: https://information.sky.com/story/crypto-hedge-fund-three-arrows-capital-plunges-into-liquidation-12642402
A British Virgin Islands courtroom ordered the liquidation of Three Arrows Capital Ltd after collectors sued the cryptocurrency hedge fund for failure to repay money owed.
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