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WebsCrypto—News—Business News—Three Arrows Once Borrowed and Deposited Anchor to Collect Interest, Most of the Lenders Did Not Know
Business News

Three Arrows Once Borrowed and Deposited Anchor to Collect Interest, Most of the Lenders Did Not Know

By WebsCryptoJune 17, 2022
Three Arrows Once Borrowed and Deposited Anchor to Collect Interest, Most of the Lenders Did Not Know
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Terra researcher FatMan claimed on social media that, according to verifiable sources, Three Arrows had borrowed from multiple funds and counterparties and put it into Anchor to generate income without the knowledge of most of the lenders.

Before LUNA fell sharply, Three Arrows Capital held at least hundreds of millions of UST.

Meanwhile, Three Arrows Capital has some exposure to USDD after a small decoupling of USDD may be related to its sell-off. In addition, Three Arrows Capital also defaulted on a large amount of debt to BitMEX.

DISCLAIMER: The information provided by WebsCrypto does not represent any investment suggestion. The articles published on this site only represent personal opinions and have nothing to do with the official position of WebsCrypto.
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