The court ordered the liquidation of Three Arrows Capital, which was experiencing hard times after the collapse of LUNA and UST.
According to the news, which is based on a source with knowledge of the subject by Sky News, a court in the British Virgin Islands has decided to liquidate Three Arrows Capital. On June 27, an application was made to the court to liquidate the company.
The company was stuck after the collapse of LUNA and UST and was unable to meet margin calls as the crypto market plunge deepened.
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