The Block: BlockFi will no longer accept GBTC as collateralД«lockFi has now unwound its positions in GBTC, a spokesperson for the firm said. Nevertheless the firm remains вЂњliquidвЂќ and вЂњsolvent,вЂќ the CEO said before assuring customers would not be impacted by the loss.Д« numbers among the entities wanting to hold Three Arrows Capital вЂњfully accountableвЂќ for вЂњdefraudingвЂќ the crypto industry. CoinMarketCapД¬ryptoBriefing: Loses $270M in 3AC ChaosД« has lost $270 million to Three Arrows Capital, according to a letter sent to shareholders two weeks ago.

Liquidators are battling to ensure 3AC's remaining assets aren't 'dissipated' - warning this risk is heightened because the fund owns crypto and NFTs that are 'readily transferable. Court papers also suggest that the whereabouts of Kyle Davies and Zhu Su are unknown, but their lawyers have insisted they plan to cooperate. A photograph taken by Bloomberg shows the firm's Singapore office empty and locked up, with unopened mail scattered on the floor. To make matters worse, new court papers claim that the embattled founders of the bankrupt crypto hedge fund Three Arrows Capital are yet to cooperate with liquidation proceedings. Non-fungible tokens belonging to Three Arrows's NFT fund Starry Night have been transferred to a new wallet for unexplained reasons. вЂќ Lawyers acting on behalf of the creditors said the founders of the fund 'have not yet begun to cooperate with the in any meaningful manner.'Д¬oncerns are mounting that assets belonging to Three Arrows could be easily transferred.

Where are they? Three Arrows creditors get an emergency hearing as founders fail to вЂњcooperate.

Bulk dominoes