Fate of NFTs Belonging to Bankrupt Crypto Fund Revealed: Up for Sale

NFTs worth more than $1 million in the portfolio of bankrupt crypto fund Three Arrows Capital (3AC) are being put up for sale by liquidators.

Christopher Farmer, an employee of liquidator Teneo, recently announced that 3AC’s worth more than $1 million NFTannounced that they are planning to sell the . These sales will be handled by Teneo, which deals with the 3AC liquidation.

NFTs to be sold in line with 3AC’s liquidation status to provide liquidity specified to be used.

While it is not clear which NFTs will be sold in the announcement, 3AC’s “Starry Night Portfolio”It was stated that the NFTs in the list will be sold. for sale date March 20 marked.

Analyst closely following the case Tom Wan shared in your post, made an estimate of the NFTs to be sold. Given that portfolio of assets, Wan is likely 11 CryptoPunks, 1 Bored Ape Yacht Club (BAYC), 3 otherdeeds And 8 PEGZHe suggested that it will be sold.

Calculated based on the base prices of the NFTs at the time of writing, the total value of the sale is approximately 1.5 million reaching dollars.


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