3AC liquidation chaos, Taibbi’s USDC deep dive, startup employee advice + more | E1506
This Week in Startups
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Three Arrows Capital Turmoil
This chapter explores the ongoing bankruptcy issues surrounding Three Arrows Capital, examining the challenges faced by liquidators in tracking down the founders. It highlights the recent emergence of a founder on Twitter following a mysterious Zoom meeting, raising questions about transparency and cooperation in the liquidation process. Additionally, the chapter addresses the complexities of cryptocurrency regulations, tax implications, and the opaque nature of financial institutions like Circle, all underscored by the historical context of the Terra Luna collapse.
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