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https://www.cnbc.com/2022/06/27/three-a ... -loan.html

• Prominent crypto hedge fund Three Arrows Capital has defaulted on a loan worth more than $670 million.

• Digital asset brokerage Voyager Digital issued a notice on Monday morning, stating that the fund failed to repay a loan of $350 million in the U.S. dollar-pegged stablecoin, USDC, and another 15,250 bitcoin, worth about $323 million at today’s prices.

// Prominent crypto hedge fund Three Arrows Capital has defaulted on a loan worth more than $670 million. Digital asset brokerage Voyager Digital issued a notice on Monday morning, stating that the fund failed to repay a loan of $350 million in the U.S. dollar-pegged stablecoin, USDC, and 15,250 bitcoin, worth about $323 million at today’s prices. ...

Crypto hedge fund Three Arrows fails to meet lender margin calls

https://www.ft.com/content/126d8b02-f06 ... 4ceab3de71