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3AC refuses to go down amid institutional crisis? Here’s latest update

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The Three Arrows Capital [3AC] crisis sees no end even after the news of insolvency was confirmed. The Singapore-based crypto hedge fund has filed for Chapter 15 Bankruptcy Protection as per the Financial Times.

However, the leak has spread to other crypto institutions and the crypto market continues to bleed in these circumstances.3AC is seeking protection from creditors in the United States under Chapter 15 of the U.S.

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