12-07-2022, 03:35 PM
PUBLISHED MON, JUL 11 2022 3:30 PM EDT UPDATED MON, JUL 11 2022 4:25 PM EDT
MacKenzie Sigalos
- The bankruptcy filing from Three Arrows Capital (3AC) triggered a downward spiral that wrapped in many crypto investors.
- The hedge fund failed to meet margin calls from its lenders.
- “3AC was supposed to be the adult in the room,” said Nik Bhatia, professor of finance and business economics at the University of Southern California.
https://www.cnbc.com/2022/07/11/how-the-...stors.html
MacKenzie Sigalos
- The bankruptcy filing from Three Arrows Capital (3AC) triggered a downward spiral that wrapped in many crypto investors.
- The hedge fund failed to meet margin calls from its lenders.
- “3AC was supposed to be the adult in the room,” said Nik Bhatia, professor of finance and business economics at the University of Southern California.
https://www.cnbc.com/2022/07/11/how-the-...stors.html