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Tag: 3AC

Cumberland Says Financially Burdened Crypto Firms Are ‘Hanging Over the Market Like a Cloud’
Bitcoin News

Cumberland Says Financially Burdened Crypto Firms Are ‘Hanging Over the Market Like a Cloud’

July 6, 2022July 6, 20224 min read

Following the over-the-counter (OTC) agency’s Twitter thread on June 14, Cumberland defined on July 5 that “​​rangebound worth motion belies a risky image under the

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Voyager Files for Bankruptcy Citing Contagion in Crypto Markets, Three Arrows Capital’s Loan Default
Bitcoin News

Voyager Files for Bankruptcy Citing Contagion in Crypto Markets, Three Arrows Capital’s Loan Default

July 6, 2022July 6, 20223 min read

Crypto lender Voyager Digital has filed for Chapter 11 chapter. The firm defined that the “extended volatility and contagion within the crypto markets” and the

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Crypto Lender Vauld Suspends Withdrawals, Company Is Discussing ‘Restructuring Options’ With Advisors
Bitcoin News

Crypto Lender Vauld Suspends Withdrawals, Company Is Discussing ‘Restructuring Options’ With Advisors

July 4, 2022July 4, 20224 min read

On July 4, the crypto lending firm Vauld introduced it suspended withdrawals, buying and selling, and deposits after disclosing the agency is “going through challenges.”

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Blockfi CEO Says FTX Has an ‘Option to Acquire’ Crypto Lender at a Price of as much as $240M
Bitcoin News

Blockfi CEO Says FTX Has an ‘Option to Acquire’ Crypto Lender at a Price of as much as $240M

July 3, 2022July 3, 20224 min read

According to Blockfi’s co-founder Zac Prince, the corporate has signed definitive agreements with the crypto agency FTX and the deal is presently as much as

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Report: Embattled Crypto Hedge Fund Three Arrows Capital Files for Chapter 15 Bankruptcy
Bitcoin News

Report: Embattled Crypto Hedge Fund Three Arrows Capital Files for Chapter 15 Bankruptcy

July 2, 2022July 2, 20223 min read

The troubled crypto hedge fund Three Arrows Capital Ltd., in any other case often called 3AC, has filed for chapter in accordance with latest court

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TSX-Listed Voyager Digital ‘Temporarily’ Suspends Trading, Deposits, and Withdrawals
Bitcoin News Cryptocurrency

TSX-Listed Voyager Digital ‘Temporarily’ Suspends Trading, Deposits, and Withdrawals

July 1, 2022July 1, 20223 min read

After the TSX-listed Voyager Digital revealed that it was owed $655 million from Three Arrows Capital (3AC), the corporate secured a $500 million credit score

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Troubled Crypto Hedge Fund 3AC Reprimanded by Singapore’s Monetary Authority, Liquidators Eye Su Zhu’s Properties
Bitcoin News

Troubled Crypto Hedge Fund 3AC Reprimanded by Singapore’s Monetary Authority, Liquidators Eye Su Zhu’s Properties

July 1, 2022July 1, 20225 min read

On Wednesday, it was reported that the crypto hedge fund Three Arrows Capital (3AC) was liquidated by a British Virgin Islands court docket and following

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Report: A British Virgin Islands Court Order Liquidates Crypto Firm Three Arrows Capital
Bitcoin News

Report: A British Virgin Islands Court Order Liquidates Crypto Firm Three Arrows Capital

June 29, 2022June 29, 20223 min read

According to a current report from Sky News citing a supply aware of the matter, “cryptocurrency insiders” have mentioned that the troubled crypto hedge fund

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FTX CEO Sam Bankman-Fried Warns More Crypto Company Insolvencies Are Coming
Bitcoin News

FTX CEO Sam Bankman-Fried Warns More Crypto Company Insolvencies Are Coming

June 29, 2022June 29, 20224 min read

In a current interview, Sam Bankman-Fried, the founding father of the favored change FTX, warned that some crypto exchanges are “secretly bancrupt” and will quickly

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Crypto Firm Voyager Digital Secures a $500M Line of Credit From Alameda Ventures to Cope With 3AC Exposure
Bitcoin News Cryptocurrency

Crypto Firm Voyager Digital Secures a $500M Line of Credit From Alameda Ventures to Cope With 3AC Exposure

June 26, 2022June 26, 20223 min read

Three days in the past, Bitcoin.com News reported on the publicly listed firm Voyager Digital after the crypto agency introduced that it was owed $655

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