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Three Arrows hedge fund has defaulted on $675m crypto loan, broker Voyager Digital says
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fnlondon.comCrypto broker Voyager Digital said that hedge fund Three Arrows Capital had defaulted, failing to make loan payments tied to large bets in the digital-currency realm.
Three Arrows had borrowed $675m from Voyager Digital in the form of 15,250 bitcoin and $350m in USD Coin, a stablecoin whose value is pegged to the dollar. Voyager had previously said it would issue a notice of default if the crypto hedge fund didn’t repay the loan by 27 June.
Three...
Read more on fnlondon.comAbout this in other media
Crypto brokerage Voyager Digital files for Chapter 11 bankruptcy protection cnbc.com /2 years ago
Troubled Crypto Fund Three Arrows Capital Has USD 7.5M Worth of Blue-Chip NFTs - Report cryptonews.com /2 years ago
Crypto hedge fund Three Arrows files for Chapter 15 bankruptcy economictimes.indiatimes.com /2 years ago
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