Legal Tangle Tightens Around Three Arrows Capital Founders
British and Singapore courts have frozen over $1 billion in assets of Three Arrows Capital's founders amid ongoing legal struggles and a broader crypto market downturn.
AlexBritish and Singapore courts have frozen over $1 billion in assets of Three Arrows Capital's founders amid ongoing legal struggles and a broader crypto market downturn.
AlexBitcoin-related jobs have nosedived by over 95%, while broader crypto-related positions have taken a significant hit, witnessing a staggering 90% drop. Although less affected, blockchain jobs have also faced a considerable decline, recording a moderate 50% decrease.
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KikyoAmid bankruptcy proceedings, Singapore's Three Arrows Capital sees founders Su Zhu and Kyle Davies confronting a major setback, with a British Virgin Islands court freezing over a billion dollars in assets.
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