SG Talk

Contagion from the messy implosion of Sam Bankman-Fried’s crypto empire is spilling into the world of decentralized finance, after a hedge fund was declared in default on almost $36 million of loans.

Orthogonal Trading said in a tweet on Tuesday that it had been “severely impacted by the collapse of FTX and associated trading activities,” making it unable to repay on a $10 million crypto loan. That prompted the entity that runs the lending pool on DeFi protocol Maple to issue a notice of default for all the fund’s active borrowings.

36mln...

Did the hedge fund buy because TH bought?

(07-12-2022, 01:57 AM)Blasterlord2 Wrote: [ -> ]Did the hedge fund buy because TH bought?

The hedge fund was trying to be contrarian

(07-12-2022, 07:13 AM)p1acebo Wrote: [ -> ]The hedge fund was trying to be contrarian

.
Objective everyone wants to be billionaire in shortest time

$36m? That’s small fry

TOT HEDGE fund is smart money
how come so stupig
follow temasek

wat happen o the singapore hedge fund that short apple stock and it went up
it was headed by formere pap transport minister