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Tag: Three Arrows Capital

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BlockFi and 3AC Resolve Counterclaims in Bankruptcy Settlement, but There’s a Catch

A settlement between defunct crypto lending company BlockFi and the collapsed hedge fund Three Arrows Capital (3AC) was approved by a US bankruptcy court...

Weekly Update #38

Weekly Update #38February 5, 2024CipherTraceMARK COLLINS & DEMETRIOS TSEASRegulatory News:U.S. Justice Dept charges three individuals for $1.89B cryptocurrencyA cryptocurrency (or crypto currency) is a...

OPNX exchange to cease operations

Su Zhu, co-founder of the cryptocurrency exchange OPNX, has announced the platform’s shutdown, attributing the decision to the legal claims from the FTX estate.  The...

Terraform Labs Seeks U.S. bankruptcy shield

Terraform Labs, the Singapore-based company behind the Terra blockchain and its native cryptocurrency LUNA, has filed for Chapter 11 bankruptcy protection in the United...

Genesis forfeits BitLicense, pays $8 million to settle NYDFS lawsuit

The New York State Department of Financial Services (NYDFS) announced a settlement with Genesis Global Trading, which includes an $8 million fine and the...

Digital Currency Group Has Paid Off $1,000,000,000 in Short-Term Debt, Says CEO Barry Silbert – The Daily Hodl

Digital Currency Group (DCG) CEO Barry Silbert says the venture capital firm has settled over $1 billion in debt, including the nearly $700 million...

Decrypt’s 2023 Story of the Year: The War on Crypto – Decrypt

After years of mostly unkind words for the crypto industry, 2023 was the year that U.S. regulators took out the sticks and stones. Following the...

A Crypto Christmas Special With Jlabs Digital: Past, Present, And Future

Another year, another Crypto Christmas special for our team at NewsBTC. In the coming week, we’ll be unpacking 2023, its downs and ups, to...

Court Freezes Over $1 Billion in Three Arrows Capital Assets

In the year 2022, Three Arrows Capital (3AC), which had previously been a well-known brand in the bitcoin hedge fund industry, was confronted with...

Ethereum wallet thought to belong to Su Zhu moves nearly $30k

A wallet allegedly belonging to Three Arrows Capital (3AC) co-founder Su Zhu has moved funds for the first time since his arrest months ago.Etherscan...

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