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Did Three Arrows Capital Spark a ‘Full Fledged’ Crypto Credit Crisis?

May 5, 2023
in Trade Tube
Reading Time: 1 min read
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And just like Novogratz, who has a Luna-themed tattoo, it looks like the de-pegging of the algorithmic stablecoin is partially to blame for 3AC’s insolvency. The founders reportedly invested between $200 and $600 million in Luna.

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