Summary: A British Virgin Islands court ordered the liquidation of crypto hedge fund 3AC, Sky News learned. Teneo Restructuring is set to handle the insolvency proceedings, per the report. Voyager Digital issued a notice of default to 3AC earlier this week regarding the latter’s $650 million loan. 3AC positions have been liquidated on several exchanges so far including BitMEX, Deribit, and FTX. Co-founder Su Zhu and Kyle Davies remain unavailable at press time. A court in the British Virgin Islands […]
