Three Arrows Capital just filed for bankruptcy. Massive #crypto hedge fund is now in liquidation and asset protection mode. Nobody gets anything back.
This, following Bitcoin's worst year of losses in 11 years. The crypto ecosystem is absolutely imploding, with contagion risk slaughtering yet another platform, exchange or crypto fund seemingly every day or two:
https://www.coindesk.com/busin....ess/2022/07/01/three