Crypto Exchange Blockchain.com Faces $270M Hit on Loans to Three Arrows Capital

Crypto exchange Blockchain.com stands to lose $270 million from lending to Three Arrows Capital (3AC), the over-leveraged hedge fund now subject to a liquidation order in the British Virgin Islands. “The Hash” team discusses the latest big player to be hit by 3AC’s continued contagion effects.

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CoinDesk is the leading digital media, events and information services company for the crypto asset and blockchain technology community.