Genesis Reportedly Lent $2.36 Billion to Three Arrow Capital

Genesis Global Trading, a crypto prime brokerage company, reportedly credit Three Arrows Capital (3AC), now insolvent with $2.36 Billion in under-collateralized loans.

According to The Block, the details of 3AC’s loans were extracted from a 1,159-page document uploaded Monday by Teneo. According to The Block, details about 3AC’s loans were gleaned from a 1,159-page document uploaded by Teneo on Monday. The document included 1744,644 shares in Grayscale’s Bitcoin Trust and 446,928 shares in Grayscale’s Ethereum Trust. It also contained details about 3AC’s collateral.
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Marla Brooks

Marla Brooks – Financial Analysis My name is Marla Brooks, and I am the mainstream behind the”observednews.com”  for the powerful and most delicate insights into the latest activities in the financial analysis category. I started my journey as an independent financial consultant. I had approximately nine years of experience in this field. I am free soul so; my passion for exploring the world has taken me to the nations across the globe and given me the chance to report for a portion of the best news associations. Currently, I am a full-time editor as experienced in finance and started to use my abilities.

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