Wrecked Crypto Hedge Fund Giant Defaults on $670 Million Loan
https://www.vice.com/en_us/article/88qagv/wrecked-crypto-hedge-fund-giant-defaults-on-dollar670-million-loan
The high-profile crypto hedge fund Three Arrows Capital has failed to repay two loans worth a total of $670 million from the crypto trading platform Voyager Digital by the required deadline.
As a result, Voyager issued a notice of default on Monday and said it plans to pursue recovery of the funds through the legal system.