Three Arrows Capital Files for Bankruptcy in New York Tied to British Virgin Islands Proceeding

Three Arrows Capital Information for Chapter in New York Tied to British Virgin Islands Continuing

The agency borrowed massive quantities of funds from a number of crypto lenders, together with BlockFi, Celsius, Babel Finance and Voyager Digital, however was unable to pay. The lenders halted withdrawals or wanted credit score traces prolonged to climate the storm. first introduced the chapter, and Bloomberg reported it was a Chapter 15 submitting.

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