New turmoil rocks crypto as court orders hedge fund to liquidate
Three Arrows Capital saw its fortunes crumble after its $200 million investment in Luna.
Source: politico.com
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Three Arrows Capital saw its fortunes crumble after its $200 million investment in Luna.
Three Arrows Capital's downfall is one of the biggest corporate collapses amid a 'crypto winter'
Fund has become emblematic of the industry’s excesses during last year’s bull run
As Three Arrows Capital faces insolvency, worries over which projects could suffer from the fallout are growing.
Digital asset slides to lowest level since November 2020 as rate rises increase pressure on markets