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Comment by drexlspivey

3 years ago

What's the counterparty risk?

2 comments

drexlspivey

Reply

vishnugupta  3 years ago

A bunch of crypto fintechs had lent to 3AC are in a spot of bother.

https://www.ft.com/content/126d8b02-f06a-4fd9-a57b-9f4ceab3d...

  • arcticbull  3 years ago

    And 3AC led bunch of crypto seed rounds. They then offered them 8-10% APR to hold their treasuries. Now, I believe they've been ghosted.

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