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Coinnounce 2022-06-18 16:45:38

FTX, Deribit, and BitMEX have all liquidated Three Arrows Capital

Following allegations that distressed crypto hedge fund Three Arrows Capital struggled to fulfill margin calls, crypto lender BlockFi acknowledged Thursday that it recently liquidated a “major client.” CEO Zac Prince tweeted, “Recently, we exercised our best business judgment with a significant client who failed to pay its commitments on an overcollateralized margin loan. We completely accelerated […]

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