TheStreet published this video item, entitled “Did Three Arrows Capital Spark a ‘Full Fledged’ Crypto Credit Crisis?” – below is their description.
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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