
As Three Arrows Capital (3AC) goes through the liquidation process mandated by the Order of the Eastern Caribbean Supreme Court in the High Court of Justice in the British Virgin Islands, the full depth of the company's implosion and its effect on the crypto industry is starting to become clear.
The details come from affidavits filed on July 7 show 3AC owes $3.5 billion to 27 companies and individuals who loaned the company money.