TechFlow News, according to The Block, court documents released by creditors of Three Arrows Capital reveal that the defunct hedge fund owes $3.5 billion to 27 cryptocurrency companies. The largest creditor is Genesis, which had lent Three Arrows Capital $2.3 billion. Second is Voyager Digital, which recently filed for bankruptcy, having provided loans exceeding $685 million in bitcoin and ether (valued at current crypto prices) to Three Arrows Capital. Other notable creditors include DRB Panama, parent company of cryptocurrency exchange Deribit ($1,300 BTC and 15,000 ETH, approximately $51 million); Celsius (around $75 million in USDC); CoinList Services ($35 million in USDC); and FalconX ($65 million). Additionally, among the list of creditors are Kelly Chen, wife of co-founders Zhu Su and Kyle Davies of Three Arrows Capital. Zhu Su claims $5 million, while Kelly Chen claims $65 million.
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