
Three Arrows Capital Founders See $1 Billion Asset Freeze
A court has frozen the assets of the Three Arrows Capital founders. The company owes $3.3 billion to creditors and filed for bankruptcy after the collapse of the Terra ecosystem last year.
A court has frozen the assets of the Three Arrows Capital founders. The company owes $3.3 billion to creditors and filed for bankruptcy after the collapse of the Terra ecosystem last year.
FTX may yet have a chance to establish itself as a force to reckon with in the crypto space.
With the collapse of crypto exchange FTX, founders of bankrupt 3AC and Celsius Network are taking the opportunity to throw the weight on Sam Bankman-Fried.
Three Arrows Capital is just one of several venture capital firms that are reeling from the pangs of the current crypto winter.
Zhu led 3AC to invest in Ethereum at a time that seemed to be correlated with the timing the digital currency traded at its lowest point in the past month.
According to the recent data from Skew, Bitcoin options trading is becoming more popular in the market than futures or swaps.
Bitcoin price surge continues as investors move to crypto on the outbreak of the deadly coronavirus in China. With today’s price jump, Bitcoin has made a new 2020-high and we expect this momentum to continue in the near term.
Goldman Sachs Securities Division analysts, in a note to investors, have shared a bullish attitude towards Bitcoin. They even encourage investors to buy Bitcoin on this dip.
The CEO of FX hedge fund Three Arrows Capital, Su Zhu, has said that Binance, the largest crypto exchange in the global market, is the most trusted among investors within the digital asset community.