Thu, Jun 30, 2022
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NEW YORK (BLOOMBERG) - Blockchain.com, a creditor of Three Arrows Capital, said it is cooperating with ongoing investigations into the troubled crypto hedge fund.
Blockchain.com and Deribit, a crypto derivatives exchange, confirmed that they are among creditors that sought for the liquidation of Three Arrows at a court in the British Virgin Islands, according to a court filing and representatives at the two companies.
"We believe Three Arrows Capital defrauded the crypto industry and intend to hold them accountable to the fullest extent of the law," a spokesman at Blockchain.com said in an emailed statement.
Blockchain.com, a London-based crypto wallet provider and exchange valued at US$14 billion in March, said it remains liquid and solvent with a strong financial position, and customers won't be affected.
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