$35.6M Seized From Singaporean Banks By Three Arrows Capital Liquidators

Three months after receiving approval from the High Court of Singapore to start looking into 3AC’s assets there, liquidators for Three Arrows Capital (3AC) seized $35.6 million from the bank accounts of the defunct cryptocurrency hedge fund in the country. The cash seized by Teneo, the liquidation company with headquarters in New York that was chosen by a British Virgin Islands court, is the highest sum of money to be taken since 3AC collapsed in July, leaving a $3.5-billion debt in its aftermath.