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Blockchain.com Cooperating With Investigations Into Three Arrows

  • Deribit, Blockchain.com pushed for Three Arrows’ liquidation
  • Singapore central bank reprimanded fund over false claims
Cryptocurrency Illustrations As Musk Roils Crypto Market
Photographer: Gabby Jones/Bloomberg
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Blockchain.com, a creditor of Three Arrows Capital, said it is cooperating with ongoing investigations into the troubled crypto hedge fund.  

Blockchain.com and Deribit, a crypto derivatives exchange, confirmed that they are among creditors that sought for the liquidation of Three Arrows at a court in the British Virgin Islands, according to a court filing and representatives at the two companies. The court made the liquidation order on Monday and has appointed two partners at consulting and advisory firm Teneo to handle the process, a person familiar with the matter has told Bloomberg News.