The Business Times

Crypto broker Voyager Digital issues default notice to Three Arrows Capital

    • 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
    Published Mon, Jun 27, 2022 · 08:50 PM

    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

    Hedge fundsCryptocurrencies

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