
Bonus: The Crypto Story by Matt Levine - Part 6
Bloomberg Crypto
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3AC Goes Bankrupt?
3AC was one of the biggest and best-known hedge funds in crypto. Working with 3AC was a stamp of approval for many lending platforms. Almost everything about the world of crypto screams high risk to anyone who knows at all what to look out for. 2 trillion dollars of market capitalization were lost without much of a visible impact outside crypto.
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