Digital Currency Group Inc., the cryptocurrency conglomerate that owns Genesis Global Trading Inc., is the biggest creditor of the beleaguered hedge fund Three Arrows Capital Ltd., according to court documents compiled by Three Arrows’s liquidator.
DCG’s Genesis Asia Pacific Ltd. lent Three Arrows $2.4 billion, the court document said. The hedge fund put down the equivalent of $1.2 billion in crypto and other collateral as of last month.
