Court Document Reveals Three Arrows Capital Owes Whopping $3.5B
A new court document revealed who Three Arrows Capital owes to. Digital Currency Group, parent company of Genesis, was owed $1.2B. Document also shows 3AC owes co-founder Zhu Su and wife of co-founder Kyle Davies. Three Arrows Capital (3AC) unveiled in a new court filing that the crypto hedge fund owes $3.5 billion to 27 different companies. Earlier this month, 3AC filed for Chapter 15 bankruptcy that enables cooperation between international and US court systems. The filing aims to protect the debtor’s assets amidst trading suspension from several crypto lending firms. According to the court document, 3AC owes to companies
