Crypto Hedge Fund Three Arrows Files For Chapter 15 Bankruptcy

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    Reuters end-Q2 global sovereign bond markets poll results

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  • CNW Group

    Voyager Digital Provides Market Update

    Voyager Digital LLC, the operating platform of Voyager Digital Ltd. (“Voyager” or the “Company”) (TSX: VOYG) (OTCQX: VYGVF) (FRA: UCD2), announced it is temporarily suspending trading, deposits, withdrawals and loyalty rewards, effective at 2:00 p.m. Eastern Daylight Time today.

  • Reuters

    Crypto lender Voyager Digital suspends withdrawals, deposits

    Crypto lender Voyager Digital said on Friday it has suspended withdrawals, trading and deposits to its platform and said it is exploring strategic alternatives to preserve the value of its platform. The move comes days after the company issued a default notice to embattled hedge fund Three Arrows Capital (3AC) for the fund’s failure to make required payments on a loan. In a statement, Voyager Chief Executive Stephen Ehrlich said the move gives the company “additional time to continue exploring strategic alternatives with various interested parties” while preserving the value of the platform.

  • TechCrunch

    Crypto mega hedge fund Three Arrows Capital reportedly files for bankruptcy in New York

    Crypto hedge fund Three Arrows Capital (3AC) has filed for Chapter 15 bankruptcy in New York, according to a report in Bloomberg. The mega fund, founded by Credit Suisse traders Zhu Su and Kyle Davies, at one time managed an estimated $10 billion in assets and was a linchpin among crypto finance players. Chapter 15 bankruptcy will allow the foreign firm to protect its stateside assets while the liquidation is carried out in the British Virgin Islands following a court order this week after 3AC defaulted on a $660 million loan to Voyager Digital.

  • Motley Fool

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  • TipRanks

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  • Motley Fool

    Why Kohl’s Plunged 27% This Week

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