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Latest from Sam Reynolds
Three Arrows Creditors Get Emergency Hearing as Founders Fail to 'Cooperate'
Creditors say the fund’s remaining assets could be “transferred or otherwise disposed of” before creditors get their share.
First Mover Asia: Bitcoin Slides; Mixed Crypto Legacy in Hong Kong for the FCA's Incoming CEO
Bitcoin slides for third day, heads back down toward $20K.
Three Arrows Wanted a $100M NFT Collection. Instead, It’s Worth Less Than $5M
The company had dreams of institutional interest in non-fungible tokens. But as the firm declares bankruptcy, the NFT collection is worth a paltry sum. One investor has written off its entire investment in the "Starry Night" fund.
Hong Kong Regulator Ashley Alder to Head UK Financial Supervisor
He leaves a legacy of mixed crypto regulations in Hong Kong that saw crypto exchange FTX depart the city and retail investors largely excluded.
First Mover Asia: Three Arrows Capital Court Order Reveals Interesting Details; Bitcoin Soars Past $21.5K
The Singapore firm’s liquidators must safeguard the company’s assets, which means converting them to tether; ether and other major altcoins rise for a fourth consecutive day.
First Mover Asia: Crypto Game Consoles Aren’t Needed as Web3 Gaming Has Workers, Not Gamers; Bitcoin Dips, Then Regains Its Perch Above $20K
Studios are raising significant amounts of capital, but they must build games that do a better job of engaging users; ether and most other major cryptos rise.
First Mover Asia: Bitcoin Rebounds Past $20K; China’s Blockchain Revolution Is Missing On-Chain Data
Ether and most other major altcoins regain ground they'd lost in last week's downturn; China companies seem unconvinced by blockchain technology.
First Mover Asia: Singapore’s Monetary Authority Finally Notices Three Arrows’ Capital AUM Discrepancy; Bitcoin Holds Above $19K in Weekend Trading
The Monetary Authority of Singapore’s reprimand of the crypto hedge fund for providing misleading information may only be a first step.
Three Arrows Paper Trail Leads to Trading Desk Obscured Via Offshore Entities
As Three Arrows Capital collapsed under market pressure, its much-lesser known trading desk, TPS Capital, remained active, sources say. But a complex ownership structure might frustrate creditors' efforts to collect.
Three Arrows Capital's Su Zhu Looks to Sell $35M Singapore House
Zhu and his wife purchased the property late last year for S$48.8 million ($35 million) and now they are selling it in what analysts call a slowing market.
