TechFlow news on December 3: Liquidators of the crypto hedge fund Three Arrows Capital (3AC) said that the fund's $35.6 million in cash held at Singaporean banks has now been seized. They have also recovered millions of dollars from token sales, along with an undisclosed amount of 60 different cryptocurrencies and NFTs. The liquidators are seeking court approval to sell Su Zhu’s yacht, "Much Wow," for $30 million. According to earlier disclosures by Terra researcher FatMan, Su Zhu's yacht is valued at $50 million, but Three Arrows has consistently failed to pay any fees beyond the initial down payment.
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