Deribit initiated Three Arrows Capital's liquidation application in BVI court By Yogita_Khatri5
The exchange operator told The Block that a couple of other parties joined the initiative.
Deribit confirmed to The Block on Friday that the company led the liquidation application against the investment firm. It added that a couple of other parties joined the initiative but declined to name those due to non-disclosure agreements.. It is unclear whether Blockchain.com joined with Deribit or has taken legal action against 3AC separately. The Block has reached out to Blockchain.com for comment and will update this story should we hear back..
3AC co-founder Zhu Su and the person named Chen Kaili Kelly are listed as creditors in the court order from 3AC's own filing. It is not immediately clear who Kelly is. of the Terra ecosystem resulted in a significant hit for 3AC as its investment in Terra's native luna token sank to almost zero.that it was among exchanges that liquidated 3AC's positions. 3AC is also a shareholder in Deribit.
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