Is Three Arrows Capital a scam?
Singapore-based crypto hedge fund whose leveraged bets on stETH, GBTC, and Luna unraveled in June 2022, triggering cross-defaults across the crypto lending sector (Voyager, Celsius, BlockFi, Genesis).
| Status | collapsed |
|---|---|
| Category | fund-collapse |
| First observed | 2012-01-01 |
| Collapsed | 2022-06-27 |
| Reported victims | 0 |
| Estimated losses | $10,000,000,000 |
Also known as
3AC, 3 Arrows Capital