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The Guardian - UK
The Guardian - UK
Technology
Alex Hern and Dan Milmo

Three Arrows Capital to become latest casualty of crypto crash

Three Arrows Three Arrows Capital Crypto Voyager Roger Ver 3AC CoinFLEX Celsius Bitcoin Cryptocurrency
Employees at work at the Bitminer factory in Florence.
Employees at work at a bitcoin factory in Italy. The failure of Celsius earlier in June began the second wave of the crypto crash. Photograph: Alessandro Bianchi/Reuters

The crypto hedge fund Three Arrows Capital has been lined up for liquidation just days after it was accused of defaulting on a multimillion dollar loan to the crypto bank Voyager.

The consultancy firm Teneo confirmed that two individuals from its British Virgin Islands offices had been appointed to oversee the liquidation, after Sky News broke the story.

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