Crypto hedge fund Three Arrows files for Chapter 15 bankruptcy
Updated: 02 Jul 2022, 01:30 PM IST
TL;DR.Singapore-based 3AC is one of the highest-profile investors hit by the sharp sell-off in crypto markets and is being liquidated, Reuters reported on Wednesday, citing a person familiar with the matter.
A representation of the virtual cryptocurrency Bitcoin is seen in this picture illustration taken June 14, 2021. REUTERS/Edgar Su/Illustration