A court in the British Virgin Islands has ordered the liquidation of Three Arrows Capital.
While it was stated that the problems experienced in Celcius also affected 3ac, the company’s Rumors about it going bankrupt appeared and on 27 June court in the British Virgin Islands., An application was made for the liquidation of the company.
This application has been finalized and Three Arrows Capital’s decision, Sky News reported on June 29. decision to liquidate given.
The value of assets held during the most productive periods of the bull season reached $10 billion of the products in which the specified company has invested close to 50% caused by the fall and the Terra collapse quite damaged is being considered.
Co-founder of Three Arrows Capital Kyle Davies In an interview last week, he said:We have always believed in crypto and still do. We are committed to working things out and finding a fair solution for all of our founders.” made his statements.
Stating that the company had a very bad day, Davies said, “The Terra-Luna collapse caught us very off-guard.” he said.