FTX, Deribit, BitMEX and BlockFi liquidated Three Arrows Capit | ⚡TGK Thunders ⚡
FTX, Deribit, BitMEX and BlockFi liquidated Three Arrows Capital’s positions
Crypto exchanges FTX, Deribit and BitMEX have liquidated Three Arrows Capital's positions over the past week after the crypto hedge fund known failed to meet margin calls. As a result, Singapore-based 3AC owes about $6M to BitMEX. At the same time, Financial Times reported that 3AC was liquidated by BlockFi and other top-tier crypto lending firms after it failed to top up its loan collateral.
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