Three Arrows

According to a recent report, in his affidavit, Su Zhu, co-founder of bankrupt crypto hedge fund, Three Arrows Capital, expressed worries about potential jail time. Zhu delivered his affidavit in Thailand earlier this month, noting his concerns and sharing some other thoughts. Zhu Concerned a Prison Sentence Might Be on the Way Earlier this year, 3AC was caught in the crossfire of the Terra crash leading the firm to a messy demise of its own. In late June, a court…

Crypto lender Voyager Digital’s native token, VGX embarked on a remarkable rebound after the 3AC court verdict. While this might be an odd coincidence, this makes for a surprising turn of events, given both platforms’ shared troubles over the past few weeks.  The Voyager-3AC History Like several DeFi platforms in recent times, Voyager has encountered its share of financial challenges amidst the failing market. Just last week, the platform filed for Chapter 11 bankruptcy at a court in New York.…