Blockfi Took Part In Liquidating Three Arrows: ... Info

BlockFi's involvement in liquidating Three Arrows Capital (3AC) was a proactive risk management move to mitigate losses from the hedge fund's massive defaults . As one of the first lenders to act, BlockFi fully liquidated or hedged all collateral associated with its loans to 3AC. Key Aspects of the Liquidation

: BlockFi CEO Zac Prince confirmed the company "fully accelerated the loan" and liquidated all associated collateral to protect its balance sheet. BlockFi Took Part in Liquidating Three Arrows: ...

: 3AC failed to meet a margin call on an overcollateralized bitcoin loan following a sharp market downturn. BlockFi Took Part in Liquidating Three Arrows: ...