26 lines
702 B
Markdown
26 lines
702 B
Markdown
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aliases: Three Arrows Capital
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---
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# 3 Arrows Capital
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**Update**: 1 July 2022. Three Arrows Capital files for bankruptcy (Chapter 15) in New York after being pushed into liquidation in the British Virgin Islands by [[notes/deribit|DeriBit]] (who they apparently owe $80m).
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Best overview is in the FT: https://www.ft.com/content/8e4538cc-e8c5-4cc2-9448-053074f72f67
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Counterparty exposure (please add):
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- Voyager: $650m
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- BlockFi: $80m
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- DeriBit: $80m
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## History
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https://twitter.com/Danny8BC/status/1537224378554806272
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Evidence of 3AC using custodial funds to meet their own margin calls.
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https://twitter.com/hodlKRYPTONITE/status/1536902115540742144
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Why 3AC going under would be a problem.
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