Avalanche Distances Itself From Three Arrows Amid Insolvency Fears

Avalanche Distances Itself From Three Arrows Amid Insolvency Fears


CoinGape
2022-06-17 12:06:25

Ethereum competitor Avalanche said on Friday that it has little exposure to beleaguered hedge fund Three Arrows Capital, as the latter faces a potential insolvency. The blockchain said in a tweet that Three Arrows never had any control over Avalanche’s treasury funds. Avalanche’s comments come as Three Arrows faces the potential liquidation of its positions as The post Avalanche Distances Itself From Three Arrows Amid Insolvency Fears appeared first on CoinGape.