Three Arrows Capital

Crypto is about a lot more than a former golden boy turned villain

"Number Go Up: Inside Crypto’s Wild Rise and Staggering Fall" by investigative reporter Zeke Faux has several chapters on FTX's founder, Sam Bankman-Fried, but it's also about crypto more broadly.

Three Arrows Capital co-founder Zhu arrested in Singapore airport, sentenced four months in prison

The liquidators behind Three Arrows Capital (3AC), the now-defunct crypto hedge fund, shared that the firm’s co-founder Su Zhu was arrested in Singapore at the Changi Airport while trying to leave t

DCG’s crypto-lending subsidiary Genesis files for Chapter 11 bankruptcy

Genesis Global Trading, a subsidiary of the crypto conglomerate Digital Currency Group (DCG), filed for Chapter 11 bankruptcy in the Southern District of New York (SDNY) court late Thursday night. Gen

Mark Cuban, Mavericks in hot water over Voyager ‘Ponzi scheme’

Lawsuits from disgruntled investors are beginning to stack up after crypto prices plummeted over the past few months, leaving them with steep losses. Billionaire Mark Cuban is the latest celebrity on

Celsius, one of crypto’s biggest lenders, files for bankruptcy

Celsius Network, one of the world’s largest cryptocurrency lenders, has filed for bankruptcy protection, a month after freezing customer assets in the wake of sharp turbulence in the crypto market t

Levered up, doubled down

Ever since Celsius halted withdrawals last month, it seems like a new crypto project has been going under almost daily, with Peter Thiel’s Vauld and publicly traded Voyager being two of the late

Crypto broker Voyager Digital files for bankruptcy

Voyager Digital, a high-profile crypto broker, has filed for bankruptcy, citing market volatility and the surprising collapse of Three Arrows Capital, just weeks after it suspended withdrawals, tradin

Crypto platform Vauld suspends withdrawals, trading and deposits amid financial challenges

Vauld, a Singapore-headquartered crypto lending and exchange startup, has suspended withdrawals, trading and deposits on its eponymous platform with immediate effect as it navigates “financial c

Crypto mega hedge fund Three Arrows Capital reportedly files for bankruptcy in New York

Crypto hedge fund Three Arrows Capital (3AC) has filed for Chapter 15 bankruptcy in New York, according to a report in Bloomberg. The mega fund, founded by Credit Suisse traders Zhu Su and Kyle Davies

Down bad

Welcome back to Chain Reaction. Last week, we talked about layoffs and the Winklevoss rock gods. This week, we’re looking at a new layer of crypto doom and gloom. Get this newsletter in your inb

Avalanche raises $230 million from private sale of AVAX tokens

Avalanche, a relatively new blockchain with a focus on speed and low transactions costs, has completed a $230 million private sale of AVAX tokens to some well-known crypto funds. Polychain and Three A