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Starry Night NFT Collection to Be Liquidated in Bankruptcy Proceedings

As Three Arrows Capital has filed for bankruptcy protection, the affiliated Starry Night Capital NFT collection will be liquidated as part of the proceedings. So reports CoinDesk.

To that end, Teneo, which has been tasked with the liquidation, moved the NFTs to a Gnosis Safe wallet. Three Arrows Capital reportedly spent $21 million to build the collection in 2021.

Read the full article from CoinDesk.

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