Just In: WOO Network Repurchases Shares To Resolve 3AC Fallout

In a strategic move to clear the cloud of uncertainty looming over its ecosystem, Taiwan-based liquidity provider WOO Network has reached a significant settlement with the liquidator of the bankrupt hedge fund Three Arrows Capital (3AC), Teneo. Meanwhile, this development involves the repurchase of shares and tokens that 3AC acquired during WOO’s Series A fundraising round in November 2021.