Tag: three arrows capital liquidation

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WOO Network to sever ties with Three Arrows Capital after share buyback

October 12, 2023

WOO Network said it had agreed to repurchase all the tokens and equity previously held by collapsed hedge fund Three Arrows Capital. Crypto exchange WOO Network is set to sever all remaining ties with bankrupt Three Arrows Capital, after reaching a settlement to buy back shares and tokens previously acquired by the crypto hedge fund.…
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Kyle Davies to donate future OPNX earnings to 3AC creditors for ‘karma’

July 4, 2023

Three Arrows Capital co-founder Kyle Davies called it a “shadow recovery process” during a July 3 Twitter Spaces. The co-founders of collapsed crypto hedge fund Three Arrows Capital (3AC) have pledged to donate a portion of earnings from their newest crypto venture to creditors who lost money in the fund’s 2022 collapse. In a July…
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