Three Arrows Capital Files for Bankruptcy in New York Tied to British Virgin Islands Proceeding

Three Arrows Capital's Su Zhu Looks to Sell $35M Singapore House

The firm borrowed large amounts of funds from several crypto lenders, including BlockFi, Celsius, Babel Finance and Voyager Digital, but was unable to pay. The lenders halted withdrawals or needed credit lines extended to weather the storm. first announced the bankruptcy, and Bloomberg reported it was a Chapter 15 filing.

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