Three Arrows Capital Received $1 Million in ETH, Proving That Fund Has Hidden Assets

Nov 03,2022
KingData News: After filing for bankruptcy, Three Arrows Capital made it clear that it had no significant funds to cover its liabilities. The most recent $1 million transfer from OKX shows that the co-founders of 3AC may have some funds hidden across private wallets and cryptocurrency exchanges not tied to their names. Thanks to the decentralized nature of the industry, it is extremely hard to unequivocally tell how many assets an entity has left and if they have anything hidden on their personal ledgers.
On June 13, Zhu Su, co-founder of Three Arrows Capital, has removed ETH, AVAX, LUNA, SOL, NEAR, MINA and other Tokens from his Twitter profile. On June 15, sources revealed that the total liquidation amount of Three Arrows Capital on Deribit, BlockFi and other lending platforms was up to $400 million. This indicator provides a real-time tracking of news reports on Three Arrows Capital's liquidity crisis.
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