A leaked investor call from Morgan Creek Digital suggests BlockFi liquidated 3AC for $1 billion, while Celsius reportedly maintained a highly risky assets-to-equity ratio last year that may have caused its recent liquidity woes.
Contagion: Genesis faces huge losses, BlockFi’s $1B loan, Celsius’s risky model
- Post author:MiamiCrypto
- Post published:June 30, 2022
- Post category:anthony pompliano / blockfi / celsius / Celsius insolvency / Crypto loans / ftx / Morgan Creek Digital / Three Arrows Capital / Wall Street Journal