EXCLUSIVE: A tangle of offshore entities connected to the embattled crypto hedge fund Three Arrows includes a trading unit, TPS Capital, that's said to remain quite active – thesamreynolds reports
A Singapore-based person involved in the institutional digital assets industry who spoke to CoinDesk on the condition of anonymity said TPS held and traded most of Three Arrows’ treasury. Another person, in a similar position at an Asia-based institutional crypto firm, also speaking with CoinDesk on a condition of anonymity, said that TPS is “where the action was” for Three Arrows.
MAS also wrote: “In light of recent developments which call into question the solvency of the fund managed by [Three Arrows Capital], MAS is assessing if there were further breaches.”, TPS continues to use capital to trade, the people with information said. The question is, can regulators or plaintiffs in the suit pierce the corporate veil between the two firms?Descriptions of TPS Capital on LinkedIn appear to have been changed to eliminate an apparent connection to Three Arrows Capital.And here's what it looks like now:
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Finblox Raises Withdrawal Limit, Explores Legal Action Against Three Arrows Capital.finblox has increased withdrawal limits as it plans to 'restore faith' in the platform following exposure to Three Arrows Capital. Reporting by oknightcrypto.
Leer más »
Three Arrows Capital Files for Bankruptcy in New York Tied to British Virgin Islands ProceedingNEW: Three Arrows Capital has filed for Chapter 15 bankruptcy in New York, a move likely tied to the court-ordered liquidation of its British Virgin Islands assets. nikhileshde reports
Leer más »
Three Arrows Capital files for Chapter 15 bankruptcy in New YorkCrypto hedge fund Three Arrows Capital has filed for Chapter 15 bankruptcy in New York.
Leer más »
Deribit initiated Three Arrows Capital's liquidation application in BVI courtDeribit initiated 3AC's liquidation application in a court in the BVI. The exchange operator was joined by a couple of other parties.
Leer más »
CoinDesk Podcast Network: THE HASH: Genesis Faces ‘Hundreds of Millions’ in Losses and Three Arrows Capital’s Troubles Deepen on Apple Podcasts'I'm having one of those 'What are you doing, crypto?' kind of days,' iamsandali says. 'The Hash' team rounds up today’s biggest news, from Grayscale’s lawsuit against the SEC to GenesisTrading facing a six-figure loss.
Leer más »