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The past year was an incredibly trying one for Americans. But there may be a silver lining for some, as changes to the tax code might just help those hit hardest by the pandemic’s fallout. Did you get all the federal bailout money you deserve? Is it deductible? Let’s find out how this year’s tax season is going to be different.
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Yueqi Yang and
Muyao Shen
A creditor list of bankrupt crypto hedge fund Three Arrows Capital puts the interconnected nature of the industry on display, with lenders ranging from some of the biggest digital-asset firms to the wife of co-founder Kyle Davies.
At the top is Digital Currency Group Inc., the parent company of crypto brokerage Genesis, which filed a $1.2 billion claim against Three Arrows, according to people familiar with the matter who reviewed a court filing. Chen Kaili Kelly, the wife of Davies, also filed a claim of about $66 million, the filing shows. And co-founder Zhu Su himself submitted a $5 million claim. It’s not immediately clear how Three Arrows was structured to allow Zhu to be a creditor.
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