Blockfi Took Part In Liquidating Three Arrows: ... | Full HD
: 3AC failed to meet a margin call on an overcollateralized bitcoin loan following a sharp market downturn.
: Before settling, 3AC liquidators claimed BlockFi owed them $280 million , while BlockFi asserted it was owed $129 million by the defunct hedge fund. BlockFi Took Part in Liquidating Three Arrows: ...
: In February 2024, a bankruptcy judge approved a sealed settlement between BlockFi and 3AC liquidators, ending years of dueling claims. : 3AC failed to meet a margin call
: BlockFi claimed to be among the first to take action , which helped it recover funds before other lenders. Legal and Financial Aftermath which 3AC's liquidators contested in court.
: BlockFi accused 3AC of using fraudulent conduct to secure its loans, which 3AC's liquidators contested in court.