An unprecedented crisis of confidence has affected the crypto industry for several months. To measure it, just consider the prices of cryptocurrencies, which are often attached to a platform or a pro...
Tag: MadoffStyle
FSInsight Accuses Three Arrows Capital of Running a ‘Madoff-Style Ponzi Scheme’
Madoff in this scenario would be the founders of 3AC, Su Zhu and Kyle Davies, who used their reputation to “recklessly borrow from just about every institutional lender in the business,” resulting in ...