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Crypto Hedge Fund To Liquidate After $660M Default

By Vince Sullivan (June 29, 2022, 6:34 PM EDT) -- Cryptocurrency hedge fund Three Arrows Capital Ltd. will liquidate in a British Virgin Islands court after defaulting on $660 million worth of debt and the appointment of liquidators earlier this week, sources familiar with the proceedings said, making it among the first crypto investors to be subject to insolvency proceedings since the market began cratering last month....

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