Bankruptcy


Finance

US Bankruptcy Court Approves Foreign Administrator for Three Arrows Capital's Debt

The administrator will also be able to subpoena the crypto hedge fund's founders.

Su Zhu of Three Arrows Capital (CoinDesk)

Finance

Three Arrows Founder Says Attempt to Work With Liquidators Met With 'Baiting'

In a first tweet since the crypto hedge fund imploded, Three Arrows co-founder Su Zhu posted screenshots from legal counsel saying the fund's principals are willing to work with liquidators.

Su Zhu of Three Arrows Capital (CoinDesk)

Finance

Voyager Clarifies USD Deposit Status in Update

The crypto exchange, which filed for Chapter 11 bankruptcy, says it remains unclear how customers will be reimbursed for their cryptocurrency investments.

Voyager CEO Steve Ehrlich (CoinDesk)

Finance

Three Arrows Creditors Get Emergency Hearing as Founders Fail to 'Cooperate'

Creditors say the fund’s remaining assets could be “transferred or otherwise disposed of” before creditors get their share.

3AC co-founder Su Zhu speaks at Crypto Bahamas. (Tracy Wang/CoinDesk)

Finance

TPS Capital Says It's 'Independent' From Three Arrows Capital

In a statement shared on Twitter, TPS Capital says its operations are “separate and distinct” from the beleaguered crypto hedge fund.

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Juridique

FDIC Probing Voyager Claims It Was Insured by Regulator

The Canadian-based crypto exchange filed for bankruptcy earlier this week.

Voyager Digital CEO Stephen Ehrlich (Danny Nelson/CoinDesk)

Vidéos

Vauld Buyout Talks; Celsius Fights Against Bankruptcy

Vauld in buyout talks with Nexo. Voyager Digital files for bankruptcy. Celsius community pushes on with short squeeze amid ongoing bankruptcy concerns. Bank of England calls for greater crypto regulation. “Wolf of Wall Street” says Bitcoin investments will be profitable in three to five years.

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Vidéos

Voyager Seeks Bankruptcy Protection Amid Crypto Credit Crisis

Crypto lender Voyager Digital filed for Chapter 11 bankruptcy late Tuesday, estimating that it had more than 100,000 creditors and between $1 and $10 billion in assets. It also recorded the same range for its liabilities. CoinDesk Managing Editor of Global Policy & Regulation Nikhilesh De discusses the details and the potential outcomes.

Recent Videos

Juridique

Voyager Seeks Bankruptcy Protection Amid Crypto Credit Crisis

The Toronto-based lender filed for Chapter 11 bankruptcy in New York late Tuesday.

Voyager CEO Steve Ehrlich (Danny Nelson/CoinDesk)

Marchés

Three Arrows Paper Trail Leads to Trading Desk Obscured Via Offshore Entities

As Three Arrows Capital collapsed under market pressure, its much-lesser known trading desk, TPS Capital, remained active, sources say. But a complex ownership structure might frustrate creditors' efforts to collect.

Cayman Islands (Creative Commons)