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three arrows-capital

CDCROP: AI Artwork Sam Bankman-Fried SBF in Prison concept (Midjourney/CoinDesk)
They Burned Down Crypto. Now They Want a Comeback
Sam Bankman-Fried thinks he can turn things around while his peers Su Zhu and Kyle Davies paint themselves as victims.
CDCROP: AI Artwork Sam Bankman-Fried SBF in Prison concept (Midjourney/CoinDesk)

Exit, Departure
Genesis Chief Risk Officer Said to Be Exiting After 3 Months
Michael Patchen joined the crypto brokerage this past summer.
Exit, Departure

CDCROP: Voyager CEO Steve Ehrlich (CoinDesk)
Bankrupt Crypto Lender Voyager Plans to Settle CEO, CFO Negligence Claims Related to Three Arrows Loans
An internal probe found that risky loans made to 3AC were based on minimal financial disclosures from the hedge fund.
CDCROP: Voyager CEO Steve Ehrlich (CoinDesk)

Markets Daily Podcast Cover
Crypto Update | What Credit Suisse and Three Arrows Capital Have in Common
With bitcoin remaining steady at $19,500 despite bearish news and economic uncertainty as U.S. stock futures surge, plus a look at what we can learn from some of the worst banks in the world, CoinDesk’s “Markets Daily” is back with the latest news roundup.
Markets Daily Podcast Cover

U.S. Securities and Exchange Commission in Washington, D.C.
SEC, CFTC Probing Bankrupt Crypto Hedge Fund Three Arrows Capital: Report
The federal agencies are looking into whether Three Arrows misled investors about its balance sheet and whether the hedge fund should have registered with them.
U.S. Securities and Exchange Commission in Washington, D.C.

CDCROP: Su Zhu of Three Arrows (CoinDesk)
Three Arrows Liquidators Seek to Subpoena Co-Founders Zhu and Davies by Alternate Means
With the co-founders’ locations unknown, the liquidators are applying to serve them subpoenas via their email addresses, Twitter accounts and their attorneys’ email addresses.
CDCROP: Su Zhu of Three Arrows (CoinDesk)

CDCROP: Acting Comptroller of the Currency Michael Hsu testify during a hearing before Senate Banking, Housing and Urban Affairs Committee at Dirksen Senate Office Building August 3, 2021 on Capitol Hill in Washington, DC (Alex Wong/Getty Images)
OCC Comptroller: Crypto Companies ‘Don’t Know What They Want to Be When They Grow Up’
Michael Hsu joined “First Mover” to discuss why crypto companies need to provide more clarity on what they offer and be in less of a rush to expand without a “strong foundation.”
CDCROP: Acting Comptroller of the Currency Michael Hsu testify during a hearing before Senate Banking, Housing and Urban Affairs Committee at Dirksen Senate Office Building August 3, 2021 on Capitol Hill in Washington, DC (Alex Wong/Getty Images)

(Getty Images)
First Mover Asia: The Crash of Three Arrows Capital’s Starry Night Portfolio Shows NFTs' Lack of Staying Power; Bitcoin Regains $20K After Earlier Drop
The collection, now valued at $840,000, is worth a fraction of the $21 million that the troubled hedge fund spent in assembling it; BNB falls after reports of an exploit.
(Getty Images)

CDCROP: "A slight lack of symmetry can cause so much pain," by Dimitri Cherniak – one of the NFTs in Starry Night's collection. (SuperRare)
Three Arrows Capital's Liquidator Takes Possession of Starry Night NFT Wallet
Teneo, a consulting firm that is handling Three Arrows' liquidation, cited the help of pseudonymous NFT collector Vincent Van Dough.
CDCROP: "A slight lack of symmetry can cause so much pain," by Dimitri Cherniak – one of the NFTs in Starry Night's collection. (SuperRare)

Starry Night is the name of Three Arrows Capital's NFT collection (Unsplash)
Three Arrows-Backed 'Starry Night' NFT Collection Moved to Gnosis Safe
The bankrupt crypto hedge fund once aimed for a $100M NFT collection, which now may be worth less than $1M.
Starry Night is the name of Three Arrows Capital's NFT collection (Unsplash)