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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