Deribit asserts that Three Arrows failed to return $80 million
Cryptocurrency exchange Deribit claims Three Arrows failed to repay $80 million. Derivatives venue says hedge fund exploited loans to increase its cryptocurrency market wagers. Two prominent crypto financial services firms, BlockFi and Genesis, liquidated Three Arrows’ investments last month. This week, Three Arrows Capital was liquidated after cryptocurrency exchange Deribit claimed the crypto hedge fund … Read more