.blockchain may be out $270 million from lending to the recently fallen Three Arrows Capital. CEO OneMorePeter assured shareholders that, despite the potential hit, the company remains in good standing and customers won’t be impacted.
Three Arrows Capital, which boasted billions of dollars in assets under management earlier this year, has imploded thanks to a combination of plummeting crypto prices and poor
risk management, withSmith pointed out that Three Arrows has borrowed and repaid over $700 million worth of cryptocurrency in the four years that the firm has been a counterparty of
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