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Bankrupt 3AC Receives Surprising $1M In-flow from Okex Exchange

Published 11/03/2022, 11:43 AM
Updated 11/03/2022, 12:00 PM
© Reuters.  Bankrupt 3AC Receives Surprising $1M In-flow from Okex Exchange

  • 3AC received $1 million in Ethereum tokens from the exchange Okex.
  • The broker moved 990 ETH to a new, empty Ethereum wallet.
  • Three Arrows Capital owes $3.5 billion to 27 companies, per court documents.

According to an on-chain tracker, the bankrupt crypto hedge fund broker Three Arrows Capital (3AC) surprisingly received an in-flow of over $1 million worth of Ethereum from the Chinese crypto exchange Okex.

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