Blockfi Took Part In Liquidating Three Arrows: ... -

: BlockFi claimed to be among the first to take action , which helped it recover funds before other lenders. Legal and Financial Aftermath

BlockFi's involvement in liquidating Three Arrows Capital (3AC) was a proactive risk management move to mitigate losses from the hedge fund's massive defaults . As one of the first lenders to act, BlockFi fully liquidated or hedged all collateral associated with its loans to 3AC. Key Aspects of the Liquidation BlockFi Took Part in Liquidating Three Arrows: ...

: BlockFi CEO Zac Prince confirmed the company "fully accelerated the loan" and liquidated all associated collateral to protect its balance sheet. : BlockFi claimed to be among the first

: Despite its early action, the exposure to 3AC’s collapse—combined with the later fall of FTX—ultimately forced BlockFi to file for Chapter 11 bankruptcy in November 2022. BlockFi Liquidated Three Arrows Capital: Report - CoinDesk Key Aspects of the Liquidation : BlockFi CEO