Wu Blockchain (@WuBlockchain): 3AC's liquidators estimate that creditors will recover 45.74% of their claims, with an initial distribution planned for the first quarter of next year…
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3AC's liquidators estimate that creditors will recover 45.74% of their claims, with an initial distribution planned for the first quarter of next year, valuing 3AC's assets at an estimated $1.16 billion. Most of the assets are illiquid tokens with vesting periods, accounting for… https://twitter.com/WuBlockchain/status/1737713479895900358 Quote [@WuBlockchain](https://www.twitter.com/WuBlockchain/status/1737713479895900358) > According to Bloomberg, 3AC liquidator Teneo said that a BVI court has issued an order prohibiting 3AC co-founders Su Zhu and Kyle Davies, as well as Kyle Davies’ wife Kelly Chen, from transferring or selling assets worth up to $1.14 billion. The liquidators added that creditors…