Three Arrows Capital (3AC) liquidated to millions for failing to meet margin calls
The latest development surrounding venture firm Three Arrows Capital (3AC) is that it has reportedly failed to meet margin calls from lenders. This has once again raised the firm’s potential risk of bankruptcy as it was badly hit by the crypto market slump earlier in the week. The report also stated that BlockFi, a crypto lender, was one of several companies that terminated some of Three Arrows Capital’s positions.
Multiple sources have revealed that the company is going through multiple liquidations, following which the speculation around the company is gaining momentum. Report …
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