ChainCatcher news, the official account of Three Arrows Capital announced on social media that it has invested in the meme project ASTROFOLIO, acquiring 0.7% of the total supply of all 12 zodiac tokens.It is reported that the official account of Three Arrows Capital resumed updates on September 28, and the account has now been renamed to Three Arrowz Capitel, with the ENS domain also being a newly applied domain. Zhu Su stated on September 28 that the account has resumed operations.

ChainCatcher news, crypto analyst @punk9059 posted on the X platform that a set of gold BAYC, 2 MAYC, and 1 BAKC NFT owned by Three Arrows Capital will be auctioned at Sotheby's on June 18. Sotheby's Vice President Michael Bouhanna has confirmed this information.

ChainCatcher news, according to The Block, the liquidation company Teneo estimates that creditors can recover about 45.74% of assets from the bankruptcy estate. Teneo's joint liquidation heads Russell Crumpler and Christopher Farmer noted in a report submitted to creditors in December that as of December 18, the company's asset valuation was $1.16 billion, while the recognized claims for distribution were estimated at $2.7 billion.The report shows that Teneo has resolved lawsuits with multiple parties, including DCG, Genesis, and BlockFi, thereby increasing the company's reported assets by approximately $292 million. The settlement with BlockFi is still pending approval. The report also indicated that there are a total of 154 claims against 3AC's estate, with a total value of $3.4 billion. Among these, claims worth $2 million have not been recognized for distribution, while claims totaling $32.2 million have been rejected or are expected to be rejected. Claims valued at $76 million are disputed.Additionally, the report mentioned that 3AC co-founder Zhu Su completed his house arrest on December 20 after being arrested in Singapore. Meanwhile, the liquidators are continuing to investigate the relationship between 3AC and the closely associated Tai Ping Shan company. Legal fees in the bankruptcy proceedings have accumulated to $49.7 million.

ChainCatcher news, according to Bloomberg citing informed sources, the liquidators of Three Arrows Capital are seeking to recover $1.3 billion from the fund's founders.Three Arrows Capital co-founders Su Zhu and Kyle Davies are accused of causing 3AC to take on significant leverage during the period from May to June 2022, after 3AC had already suffered massive losses on Luna tokens and other investments. The liquidators believe that the company is insolvent, and they are now taking action against Su Zhu and Kyle Davies in the British Virgin Islands court to recover these losses for the company's creditors.The attorneys for Zhu Su and Kyle Davies did not respond to requests for comment. (Source link)

ChainCatcher news, Three Arrows Capital co-founder Kyle Davies stated in an interview at his office in Dubai that there are currently no pending lawsuits or regulatory actions against him.Since the collapse of Three Arrows Capital, Kyle Davies' whereabouts have been a key issue. In a CNBC interview last November, Davies mentioned that he is currently living in Bali, Indonesia. Indonesia and the United Arab Emirates do not have an extradition treaty with the United States.Davies recently launched a cryptocurrency derivatives platform called Open Exchange (OPNX), which allows users to trade bankruptcy claims and use those claims as collateral for trading. (CoinDesk)

ChainCatcher news, Three Arrows Capital founders Kyle Davies and Zhu Su received a court subpoena through their Twitter accounts, a peculiar action taken after the liquidators' unsuccessful attempts to contact the two.It is reported that Kyle Davies and Zhu Su have been on the run since the hedge fund's collapse last year. The liquidators stated that the two have been unwilling to participate in the bankruptcy proceedings, ultimately leading to the subpoena being issued via Twitter. The bankruptcy proceedings for Three Arrows Capital are ongoing in the United States, Singapore, and the British Virgin Islands, currently being handled by financial consulting firm Teneo. (Source link)

ChainCatcher news, Coinbase employee Conor tweeted that the wallet address marked as Three Arrows Capital has received 7 transfers totaling $33,600 from the cryptocurrency-supporting online gambling platform Sportsbook Stake since last month. Previously, Three Arrows Capital deposited $14,200, resulting in a net profit of $20,400, with a return rate of 236%. (source link)

ChainCatcher news, Lookonchain monitoring data shows that the address marked as Three Arrows Capital withdrew 2,000 ETH from Binance, and this address currently holds 6,595 ETH, approximately 7.85 million USD. (source link)

ChainCatcher news, according to a document, the consulting firm Teneo, responsible for overseeing the liquidation of Three Arrows Capital, has taken control of some of its assets. The document shows that Teneo currently controls a total of $35.6 million in fiat currency, which is held by a Singapore bank and/or by the company's pre-appointed lawyers, and the $2.751 million in investment returns from forced redemptions has also been controlled by Teneo.Teneo now controls the trading accounts of Three Arrows Capital, and as part of the process, Teneo also controls the Starkware tokens held by Three Arrows Capital, the quantity of which is unknown. The liquidators purchased the tokens according to the original transaction terms (Three Arrows Capital participated in Starkware's $75 million Series B and $50 million Series C funding rounds). (The Block)

ChainCatcher news, blockchain analytics platform Nansen tweeted that the NFTs collected by Starry Night Capital, co-founded by Three Arrows Capital, are being transferred to a new wallet address, which is a Gnosis Safe account. As of now, 383 Ethereum NFTs have been moved to the new wallet, leaving only 80 NFTs in the old wallet.It is reported that Three Arrows Capital and the pseudonymous collector Vincent Van Dough invested $100 million to establish the fund in August 2021, making significant investments in NFT artworks. The fund owns the NFT "Pepe the Frog Genesis" created by artist Matt Furie, 3 NFTs by the pseudonymous artist XCOPY, as well as collectibles like CryptoPunks. (Decrypt)