3AC’s wave of liquidations

3AC’s wave of liquidations


Cryptopolitan
2022-06-17 12:14:32

The collapse of the crypto market this week triggered unforeseen liquidations. Three Arrows Capital (3AC), a digital currency hedge fund, may be facing insolvency after losing a considerable amount of money in the aftermath of the Terra ecosystem crash. The value of the crypto fund holdings in Terra has dropped from $1 billion to less...