Cryptocurrency hedge fund Three Arrows Capital filed for US bankruptcy law

Cryptocurrency hedge fund Three Arrows filed for US bankruptcy law

Three Arrows Capital, a crypto asset (virtual currency) hedge fund, filed for the application of Article 15 of the US Bankruptcy Law on the 1st.

Three Arrows has been in a difficult situation during the last few months when the cryptocurrency plunged. Reuters reported on the 29th of last month that the company has entered liquidation.

According to court documents, the application was filed with the Bankruptcy Court in the southern district of New York. Under Article 15 of the Bankruptcy Law, foreign companies can protect their assets in the United States from creditors.

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Larry Norris

<strong>Larry Norris </strong>is a journalism graduate with a keen interest in covering news – specifically top trending. He has a keen eye for technologies and has predicted quite a few successful startups over the last couple of years. Larry’s goal with this website is to report accurately on all kinds of news and have a great deal of passion for timely and active reporting. Larry is diligent and proactive when it comes to news reporting. <strong>Email: </strong>[email protected] <strong>Address:</strong> 1083 Republic Avenue East, Monroe, IA 50170, USA <strong>Contact number:</strong> 641-741-7672

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