Terraform Labs’ Future Hinges on Upcoming Chapter 11 Reorganization Hearing
The fate of Terraform Labs will be decided at the Chapter 11 bankruptcy hearing scheduled for September 19.
The fate of Terraform Labs will be decided at the Chapter 11 bankruptcy hearing scheduled for September 19.
3AC liquidators allege TerraForm Labs manipulated the Luna and TerraUSD markets, leading to artificially inflated prices.
Davies claimed he is currently in Europe and would not return to Singapore immediately to avoid serving a four-month prison
3AC's early gambit in Worldcoin might put smiles on the faces of creditors of the now defunct crypto hedge fund,
BlockFi asserted that Three Arrows Capital owed them $129 million, while the latter countered with an even bigger claim.
The crypto exchange launched by the founders of bankrupt crypto hedge fund Three Arrows Capital (3AC) is closing down.Â
The co-founder of bankrupt hedge fund 3AC served a 3-month prison sentence during the investigation.
BVI court freezes $1.14 billion in assets of 3AC founders, protecting creditors amid allegations of firm's downfall.
Su Zhu, apprehended in Singapore for non-cooperation with liquidation, expected to be released this month.
Genesis is seeking court approval for a settlement with 3AC, proposing a reduced claim.