📣 WOO Addresses Concerns

posted  11 Oct 2023
Photo - WOO Addresses Concerns
The crypto exchange, WOO, is set to repurchase its shares and tokens from Three Arrows Capital (3AC), a now-bankrupt hedge fund and its major investor.

This strategic decision aims to address the financial uncertainties arising from the ongoing legal challenges faced by the fund.

Although the repurchased assets are planned to be evenly redistributed among other shareholders, the exact terms of the deal remain undisclosed.