3AC co-founder can answer subpoena or ‘take his chances’ — US judge

Kyle Davies, co-founder of bankrupt crypto hedge fund Three Arrows Capital (3AC), has been ordered to answer the subpoena issued to him in Januaryor risk being held in contempt of court. The Jan. 5 subpoena was issued to Davies via Twitter by a New York bankruptcy court, instructing Davies to provide 3AC’s liquidators with documents [...]

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Celsius wants to extend the deadline for claims as lawyer fees mount

Administrative expenses from the bankruptcy proceedings have already topped $53 million, and continued delays are chipping away at Celsius’ estate.

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Elon Musk Warns Commercial Real Estate ‘Melting Down Fast’ — Predicts ‘Home Values Next’

Tesla and Spacex CEO Elon Musk says commercial real estate is “melting down fast,” warning that home values will be next. Some experts disagree with Musk regarding the residential real estate market, including Shark Tank star Barbara Corcoran. However, she agrees that the commercial real estate market is “going to be a bit of a [...]

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