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Three Arrows Capital files for Chapter 15 bankruptcy

Crypto hedge fund Three Arrows Capital (3AC) filed for Chapter 15 bankruptcy in a federal bankruptcy court in the Southern District of New York on Friday, in hopes to shield its U.S. assets after a court in the British Virgin Islands reportedly ordered the firm into liquidation last week.

See related article: Three Arrows Capital lines up for liquidation

Fast facts

See related article: MAS takes aim at Three Arrows Capital, does not impose penalty

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