3AC’s Legal Battles Lead to Major Shift at DeFiance Capital
Yeou Jie Goh, who led the Portfolio Growth division at crypto investment company DeFiance Capital, has left his position to take on a new role at blockchain platform Chromia, overseeing operations in the Asia-Pacific region.
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Yeou Jie Goh, who led the Portfolio Growth division at crypto investment company DeFiance Capital, has left his position to take on a new role at blockchain platform Chromia, overseeing operations in the Asia-Pacific region.
His departure is primarily attributed to the ongoing legal dispute with Three Arrows Capital (3AC) over $140 million in assets. Teneo, the liquidation firm for 3AC, suggests that DeFiance Capital's assets should be redistributed to the fund's creditors.
Arthur Cheong, the head of DeFiance Capital, confirmed the departure, and Chromia's co-founder, Or Perelman, also acknowledged it, commending Yeou Jie Goh for his vast experience, which he believes will lead the project to “continued success.”
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