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Raoul Pal: The Journey Man

Three Arrows Drama Unfolds in Bankruptcy Court

Jul 13, 2022
40:58

The story of Singapore-based crypto hedge fund Three Arrows Capital’s collapse continues in a U.S. bankruptcy court in Manhattan, with liquidators accusing 3AC’s co-founders of not cooperating and going missing. Zhu Su, one of those co-founders whose physical whereabouts are currently unknown, recently broke a weeks-long silence on Twitter to accuse those liquidators of "baiting." It’s an increasingly dramatic fall – and it’s also raised the clamor for regulation in the crypto space. To that end, the Treasury Department submitted a framework for international cooperation on digital assets, hot on the heels of the European Union reaching agreement on sweeping new proposals. Dan Roberts, the editor-in-chief of Decrypto, and Chen Arad, a co-founder and the chief operating officer of Solidus Labs, join Real Vision’s Samuel Burke for today’s edition of Crypto Unwrapped. Have questions for the panel? Send them here: https://exchange.realvision.com/discussion/12049/.

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