Zhu Su, co-founder of Three Arrows Capital (3ac), recently responded to the bankruptcy rumors after he announced that they were losing from the LUNA event.
While it was stated that the problems experienced in Celcius also affected 3ac, the company’s rumors that it will go bankrupt had appeared.
CEO Su, who has not made a statement since the day the allegations were made, no clear explanationa was not found.
In his statement, Zhu Su said, “We are in contact with the relevant parties. We are determined to resolve this issue.” made statements.
However, according to the news in the US media, the company Cryptocurrency of the 400 million dollar fund liquidated due to the decline of the market.
Although the accuracy of these 400 million is not certain, according to a post shared by Wublockchain, Three Arrows Capital announced that it was on the Bitfinex exchange last month. Lost $31 million and among the most damaging accounts Second took place.
Bitfinex is thought to have been used to hedge, while losses on a single exchange did not indicate overall loss or profit to some commentators.
The value of assets held during the most productive periods of the bull season reached $10 billion of the products in which the specified company has invested close to 50% It is thought to have caused a lot of damage due to the decline.
Company CEO, Zhu Su, had his followers take UST before and apologized after the collapse. Later, with the SuperCycle thesis, $2.5 million to go waiting for bitcoin from falling below $30,000. apologized once again.