Court Reportedly Orders Liquidation Of Crypto Hedge Fund Three Arrows Capital, Threatening More Market Turmoil

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The reported insolvency of Three Arrows Capital could plunge an already bearish crypto market even lower.

On Monday, crypto broker Voyager Digital said itto Three Arrows Capital as the company failed to make payments on an approximately $675 million loan.

The price of Bitcoin was down 4.5% to $20,062 early on Wednesday morning—after briefly falling below $20,000—but it is likely to drop further if the report is confirmed.Follow me on

 

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