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BTC $70,585.24 -1.10%
ETH $2,149.39 -3.17%
BNB $644.24 -1.48%
XRP $1.42 -4.56%
SOL $81.67 -4.53%
TRX $0.2795 -0.47%
DOGE $0.0974 -3.83%
ADA $0.2735 -4.22%
BCH $463.13 +1.01%
LINK $8.64 -2.97%
HYPE $28.98 -1.81%
AAVE $122.61 -3.42%
SUI $0.9667 -2.23%
XLM $0.1605 -4.62%
ZEC $260.31 -8.86%

Three Arrows Capital co-founder: The collapse of Three Arrows was due to malicious liquidation of positions on FTX

2022-12-09 23:16:00
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ChainCatcher news, Three Arrows Capital co-founder Kyle Davies stated that the collapse of LUNA and UST, as well as the negative premium of Grayscale funds, were not the real reasons for the downfall of Three Arrows Capital. At that time, although affected by the two events, Three Arrows Capital was still operational. The true reason for its collapse was that FTX and Alameda shared the liquidation levels of Three Arrows Capital's positions and deliberately manipulated prices to trigger the liquidation of those positions, leading to the eventual collapse. (The Block)

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