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3AC’s NFT Ccollection to be Put up for Sale by Liquidator

A collection of prized NFTs purchased by Three Arrows Capital (3AC), the failed crypto hedge fund, will soon be put up for sale. 3AC’s liquidators, Teneo, notified interested parties about the sale on Feb. 22, according to a filing. Christopher Farmer, a senior managing director at Teneo, wrote that the purpose of the sale “is to realize the value of the NFTs for the purposes of the liquidation,” adding that it is expected to commence within 28 days of the notice. (The Block)

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