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Singapore Court to Hear DeFiance Capital’s $140M Dispute with 3AC Liquidators!

August 15, 2023
in Crypto Exchanges
Reading Time: 2 mins read
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Creator: Mustafa Mulla Aug 15, 2023 15:46

Mustafa has been writing about Blockchain and crypto since a few years. He has earlier buying and selling expertise and has been working within the Fintech trade since 2017.

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DeFiance Capital’s ongoing dispute with 3AC liquidators over a sum of $140 million will now be heard in Singapore. The choice was made by the Singapore Worldwide Arbitration Centre, which dominated that the case ought to be heard in Singapore as a consequence of varied elements, together with the presence of related witnesses and paperwork within the city-state. DeFiance Capital, which is a decentralized finance (DeFi) funding agency, alleges that 3AC did not return its share of funds from a three way partnership between the 2 companies. Nonetheless, 3AC has disputed this declare and countersued DeFiance for breach of contract.

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Tags: 140M3ACCapitalsCourtDeFiancedisputehearLiquidatorsSingapore
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