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Crypto broker Voyager Digital issues default notice to Three Arrows Capital

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Published Mon, Jun 27, 2022 · 08:50 PM
    • Three Arrows Capital (3AC) has failed to make required payments on a loan of 15,250 BTC and $350 million USDC, Voyager Digital has said.
    • Three Arrows Capital (3AC) has failed to make required payments on a loan of 15,250 BTC and $350 million USDC, Voyager Digital has said. FILE PHOTO: REUTERS

    CRYPTO broker Voyager Digital has issued a notice of default to hedge fund Three Arrows Capital (3AC)for its failure to make required payments on a loan of 15,250 BTC and $350 million USDC, Voyager said in a statement on Monday (Jun 27).

    The broker said it intended to pursue recovery from 3AC and is in discussions with its legal advisors concerning the legal remedies available. REUTERS

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