More than 300 NFTs belonging to the NFT (Non-fungible token) fund of the hedge fund Three Arrows Capital (3AC), which declared bankruptcy, were moved to a different address.
On-chain analysis platform nansen The NFT fund of the bankrupt Three Arrows Capital, according to data presented by Starry Night CapitalMillions of dollars worth of NFT has been released from the wallet belonging to . NFTs of the fund in question Gnosis Safe moved to another address. Among the NFTs that were migrated, it was sold for $3.5 million in October last year. Pepe the Frog NFT GenesisIt was also stated that .
Founded last year by Su Zhu and Kyle Davies, Starry Night Capital was known to invest millions of dollars in NFTs. According to a Bloomberg report, Starry Night Capital’s total NFT investment 35 million dollars was reported to be around.
Singapore-based crypto hedge fund 3AC launched earlier this year. terra It became one of many crypto companies that went bankrupt after the collapse of the (LUNA) ecosystem. Once under the rule over $10 billion The company, which owns the assets, filed for bankruptcy in New York court on July 1 after the collapse.