Bitcoin24h $104,324.33+1.15%

Ethereum24h $3,173.41-2.61%

XRP24h $3.11+0.11%

Solana24h $277.19+14.13%

BNB24h $687.38-1.77%

Dogecoin24h $0.3716-6.11%

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Avalanche24h $37.31-4.52%

Chainlink24h $22.81-5.06%

3AC founders’ Three Arrowz Capitel memecoin crashes faster than 3AC

Kyle Davies and Su Zhu have launched Three Arrowz Capitel, a memecoin based on a misspelling of their failed hedge fund.

Voyager says customers will get their crypto when 3AC settles debts

Voyager lent Three Arrows $650M in bitcoin and USDC but was left holding the bag when the company went under and its founders disappeared.

Three Arrows Capital chief Su Zhu is reportedly looking to sell his luxury Singapore bungalow days after the crypto hedge fund was liquidated.

Earlier this week, a judge in the British Virgin Islands also ordered the liquidation of the crypto hedge fund, once worth $10 billion.

Hedge funds using automated “quantitative” strategies are outperforming, converting the crypto market crash into big profits.