By CryptoNews - 1 year ago - Reading Time: 1 minutes
Three Arrows Capital's NFT Collection Set for Sotheby's Auction in Attempt to Repay Creditors
Sotheby's is preparing to host an auction for a collection of non-fungible tokens (NFTs) seized from now-defunct crypto hedge fund Three Arrows Capital.In a Wednesday press release, Sotheby's revealed that it would auction the Grails collection, which is comprised of digital artwork that belongs to 3AC and its Starry Night Capital NFT-collecting fund, in a bid to recoup a portion of the $3 billion the collapsed crypto fund owes to creditors....
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Original source: CryptoNews