High Court of Singapore Denies Three Arrows Capital’s Dismissal Request.

The High Court of Singapore has turned down Three Arrows Capital’s (3AC) request to dismiss a lawsuit filed against it by DeFiance Capital. The entity aims to separate its assets from 3AW creditors independently of the liquidation process. The primary argument revolved around the whereabouts of the crypto assets in question. According to the filing, these assets have no physical location and instead exist as records within a network of computers.

January 31, 2024
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