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Terra team held in South Korea as Do Kwon named in securities lawsuit

The suit alleges defendants, which also include Terraform Labs, conned investors by failing to register tokens as securities with the SEC.

Three Arrows Capital liquidated by multiple lenders after ghosting

Three Arrows was also one of the major investors in Grayscale Bitcoin Trust, last year disclosing ownership of more than 38 million shares.

Rumors that BlockFi may have lent too much bitcoin to 3AC are swirling, causing insolvency concerns among customers.

Rumors about the possible insolvency of Three Arrows Capital were fueled on Wednesday thanks to a vague tweet by co-founder Zhu Su.