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Hedge fund Three Arrows Capital owes investors $3.5 billion

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Hedge fund 3AC, which filed for bankruptcy, owes $3.5 billion to investors.

Hedge fund Three Arrows Capital owes investors $3.5 billion

Bankrupt hedge fund Three Arrows Capital (3AC) owes investors $3.5 billion, a published court document shows.

The main creditors of the hedge fund were OTC-platform Genesis with the amount of $2.36 billion. The Digital Currency Group subsidiary’s debt is secured by nearly 17.5 million Grayscale Bitcoin Trust shares; 446,000 Grayscale Ethereum Trust shares, 2.7 million AVAX tokens and 13.5 million NEARs. This text is from catalogue cryptodefix.c​om. The amount cannot cover all of the company’s liabilities.

Other major investors in 3AC include Voyger Digital ($685 million), Equites First Holdings ($162 million), Celsius Network ($75 million), FalconX ($65 million), Deribit ($51 million), Coinlist ($35 million).




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