Teneo, the advisory firm overseeing the liquidation of crypto hedge fund Three Arrows Capital (3AC), has taken control of some of its assets, according to a presentation deck obtained by The Block.

As part of the process, Teneo has taken control of 3AC's Starkware tokens, with liquidators purchasing the tokens on original deal terms. 3AC invested in Starkware's $75 million Series B round and $50 million Series C round.

Teneo is now in control of 3AC's exchange accounts. The firm has also received transactional history and identified more than 60 types of tokens, according to the presentation. Teneo is holding recovered tokens in a crypto custody account under its control and converted to USD as necessary. Ether holdings were converted at an average price of $1,810.