The Singapore Supreme Court has announced that it has recognized the capital liquidation decision on the free cryptocurrency investment fund Three Arrows Capital (3AC).
Bloomberg’s August 24 Singapore’s supreme court, according to its report of recognize the liquidation decision explained. The decision informed Teneo, the liquidator, that the company was held in Singapore. all financial records grants access.
In line with this decision, Teneo has decided that 3AC’s headquarters in Singapore to bank records, to crypto accounts, shares in other companies and to their property has the right to inspect the records.
3AC, which suffered great losses with the collapse of Terra LUNA, on 17 June He could not overcome the financial difficulties he announced and a liquidation decision was made in the British Virgin Islands. appointed as liquidator teneoheld a meeting for 3AC creditors on July 18. At the meeting, the company’s total offer to individual and institutional investors 2.8 billion It was found that he owed about $. He is also one of the founders of the company. of Zhu Su from the company 5 million It was also stated that he had requested a loan of US$.