After Share Buyback WOO will Break Bonds with Three Arrows Capital

Breaking Bonds with 3AC After Share Buyback, WOO

WOO Network is breaking bonds with the bankrupt Three Arrow Capital (3AC) by the settlement of 20 Million WOO tokens and acquired shares during hedge funding. WOO cuts in remaining connection with 3AC and its creditors by the repurchase at attractive discounts. According to the part of agreement WOO will redistribute shares among other shareholders by cancelling shares of 3AC. For permanently reducing the circulating supply WOO will burn tokens worth 20 Million. This action was taken after the collapse of 3AC and the recent arrest of co-founder Su Zhu's.