Cryptocurrency News

Liquidity provider asks platforms to freeze 3AC funds to recover assets after litigation

06/16/2022

Less than a minute

2022.06.16 14:06

Liquidity provider asks platforms to freeze 3AC funds to recover assets after litigation

Danny Yuan, the CEO of trading firm 8 Blocks Capital, called out to platforms that are holding funds owned by 3AC to freeze the assets, as rumors of 3AC’s insolvency stay afloat.

In a Twitter (NYSE:TWTR) thread, Yuan explained their company’s involvement with 3AC, noting that they are paying the company to use the trading accounts that they own. The agreement included the ability to withdraw funds at any given time. He explained that:

06/16/2022

Less than a minute

Leave a Reply Cancel reply

You must be logged in to post a comment.

Bitcoin (BTC) $ 104,261.93 2.67%

Ethereum (ETH) $ 3,865.71 3.72%

XRP (XRP) $ 2.52 5.38%

Tether (USDT) $ 1.00 0.04%

BNB (BNB) $ 715.74 0.87%

Solana (SOL) $ 216.43 2.71%

Dogecoin (DOGE) $ 0.386344 4.86%

USDC (USDC) $ 1.00 0.04%

Lido Staked Ether (STETH) $ 3,858.62 3.66%

Cardano (ADA) $ 1.04 6.07%

TRON (TRX) $ 0.272951 6.45%

Avalanche (AVAX) $ 46.59 7.56%

Chainlink (LINK) $ 27.25 4.33%

Wrapped stETH (WSTETH) $ 4,583.31 3.82%

Shiba Inu (SHIB) $ 0.000026 5.32%

the-open-network

Toncoin (TON) $ 5.76 5.54%

wrapped-bitcoin

Wrapped Bitcoin (WBTC) $ 103,823.82 2.68%

Sui (SUI) $ 4.52 5.33%

Stellar (XLM) $ 0.433949 7.16%

Polkadot (DOT) $ 8.26 7.39%

hedera-hashgraph

Hedera (HBAR) $ 0.296588 1.41%

WETH (WETH) $ 3,864.01 3.82%

Bitcoin Cash (BCH) $ 523.29 3.47%

Uniswap (UNI) $ 16.25 0.26%

Pepe (PEPE) $ 0.000022 7.92%

Litecoin (LTC) $ 119.48 0.18%

LEO Token (LEO) $ 9.61 0.38%

Hyperliquid (HYPE) $ 26.62 4.10%

NEAR Protocol (NEAR) $ 6.22 8.23%

Wrapped eETH (WEETH) $ 4,076.60 3.67%

Aptos (APT) $ 12.75 9.22%

Bitget Token (BGB) $ 4.27 11.25%

Ethena USDe (USDE) $ 1.00 0.02%

internet-computer

Internet Computer (ICP) $ 11.88 6.18%

Aave (AAVE) $ 368.91 1.02%

USDS (USDS) $ 1.00 0.07%

crypto-com-chain

Cronos (CRO) $ 0.187294 0.29%

Ethereum Classic (ETC) $ 31.74 6.06%

polygon-ecosystem-token

POL (ex-MATIC) (POL) $ 0.55642 6.90%

VeChain (VET) $ 0.0542 3.49%

Render (RENDER) $ 8.39 6.63%

Artificial Superintelligence Alliance (FET) $ 1.60 5.04%

Monero (XMR) $ 218.61 1.01%

Mantle (MNT) $ 1.19 5.62%

Arbitrum (ARB) $ 0.935755 6.88%

Bittensor (TAO) $ 527.91 1.73%

MANTRA (OM) $ 4.09 4.22%

Filecoin (FIL) $ 6.12 7.61%

Fantom (FTM) $ 1.29 8.28%

WhiteBIT Coin (WBT) $ 24.99 0.86%