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+--- Thread: Speculation that crypto focused hedge fund in Singapore insolvent (/Thread-Speculation-that-crypto-focused-hedge-fund-in-Singapore-insolvent)
Speculation that crypto focused hedge fund in Singapore insolvent - Scythian - 16-06-2022
On-chain data has prompted speculation that Three Arrows Capital, a crypto-focused, Singapore-based hedge fund, is insolvent and may become the latest high-flying company to crash in the bear market.
Three Arrows Capital sold at least $40M worth of Lido’s staked Ether early Tuesday, making it the largest seller of the token in the past week. The company did not immediately respond to a request for comment.