The Block reported that Teneo, the liquidation company of 3AC Capital, estimated that creditors could recover about 45.74% of the assets from the bankruptcy assets.

Russell Crumpler and Christopher Farmer, the joint liquidators of Teneo, stated in their report submitted to creditors in December that as of December 18, the valuation of the company's assets was US$1.16 billion, while the recognized value of the debt for distribution is expected to be US$2.7 billion.

The report shows that Teneo has resolved litigation with multiple parties including DCG, Genesis, and BlockFi, increasing the reported assets of the company by approximately US$292 million. The settlement with BlockFi is still pending approval. The report also pointed out that there were 154 claims for 3AC's property, with a total value of US$3.4 billion. Among them, US$2 million in debt claims were not recognized for distribution, while US$32.2 million in debt claims have been rejected or are expected to be rejected. Debt claims worth US$76 million are in dispute.

In addition, the report mentioned that Zhu Su, the co-founder of 3AC, completed his house arrest on December 20 after being arrested in Singapore. At the same time, the liquidators are still investigating the relationship between 3AC and Tai Ping Shan, a company it closely cooperated with. In the bankruptcy proceedings, legal fees have accumulated to US$49.7 million.