Deribit led the application to liquidate Three Arrows Capital in June 2022.
Four years later, the liquidators say 3AC indirectly owned about 15% of Deribit, and now estimate a net recovery of around $350 million from that stake after Coinbase bought the exchange. That's roughly 30% of everything they expect to recover.
No one has been convicted of a crime over 3AC. Both founders got four months in Singapore for contempt of court.
$BTC · Education only, not financial advice.
Four years later, the liquidators say 3AC indirectly owned about 15% of Deribit, and now estimate a net recovery of around $350 million from that stake after Coinbase bought the exchange. That's roughly 30% of everything they expect to recover.
No one has been convicted of a crime over 3AC. Both founders got four months in Singapore for contempt of court.
$BTC · Education only, not financial advice.