Among 3AC's NFT collection are Rigers, CryptoPunks, Autoglyphs, Fidenzas and more
Related: 3AC Built an Impressive NFT Portfolio – It’s at Risk of Falling Apart
"This unparalleled collection will be released in chapters across various sales format ranging from private sales to auctions and will occur across multiple locations globally, each one highlighting some of the most coveted and top grails,' Sotheby's said in its collection description.
The auction will begin on 19 May 2023 during the Marquee Sale Week at Sotheby's New York and will occur in multiple phases across multiple locations throughout the year.
Read more: GTX: The Exchange for Those Who Missed Out on the 3AC Trainwreck
3AC's liquidator Teneo said in February it intended to sell the NFTs acquired from Su Zhu and Kyle Davies' firm.
Liquidators Teneo seized US$35.6 million from 3AC bank accounts in Singapore, marking the largest amount of money obtained since the hedge fund’s collapse.
Liquidators called out Davies and Zhu for being uncooperative, stating the pair had been “active and responsive to comments via Twitter” but “repeatedly failed to engage” with liquidators.
Davies vs. liquidators
In December, Davies was openly critical of Teneo. “Unfortunately our Liquidators seem to refuse to engage us constructively,” he tweeted.
“After months, cash in a bank account, minimal asset sales, there have still been no disbursements to creditors,” Davies added. “Let us speak openly with all creditors to find a better way forward.”
Read more: 3AC’s Kyle Davies Slams Liquidators While Su Zhu Quotes Bible
Attached to the tweet was an image containing five brief paragraphs expanding on criticism of the liquidators. In the text, Davies accused liquidators of being “intent on making threats against us, and spending a lot of time, and money on continuing Court proceedings in a number of jurisdictions.”
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