Ad Investors withdrew around $2.3 billion worth of Binance USD (BUSD) from Binance within four days after the Securities and Exchange Commission (SEC) issued a warning to BUSD issuer Paxos. The SEC re...
Tag: 2.3B
Bankrupt Three Arrows Capital Owes $3.5B to Creditors, Including $2.3B to Genesis
Three Arrows Capital (3AC) owes a whopping $3.5 billion to 27 different companies—including Blockchain.com, Voyager Digital, and lender Genesis Global Trading—according to court documents. The details...
How Crypto Hedge Fund 3AC Borrowed $2.3B From Genesis
Failed crypto hedge fund Three Arrows Capital (3AC) has been in the spotlight because it has defaulted on debt obligations for multiple companies in the crypto space. As a consequence, big players in ...