Three Arrows Capital, a troubled cryptocurrency investment company, applies for Phase 15 bankruptcy.

bankruptcy

According to recent court documents, the embattled cryptocurrency hedge firm Three Arrows Capital Ltd., also known as 3AC, has filed for bankruptcy. According to court documents, 3AC is looking for an ancillary Chapter 15 process so that creditors and liquidators cannot seize the company’s assets in the United States. Tremors from the cryptocurrency market fall […]

A trading pause and a bailout bring Cryptocurrency terrible week to an end.

Cryptocurrency

This week saw a worse of the cryptocurrency market’s collapse as big participants battled liquidations, withdrawal freezes, trade halts, and, in at least one instance, a bailout. On Friday, cryptocurrency broker Voyager Digital Ltd. announced the suspension of trading, deposits, and withdrawals while BlockFi, a significant lender for digital assets, received support from exchange FTX […]