Every day seems to offer more turmoil in the crypto space and now crypto hedge fund Three Arrows Capital’s (3AC) troubles have spilled further afield. On Wednesday, shares of Voyager Digital (VYGVF) nosedived by 53% after the crypto platform revealed the extent of its exposure to 3AC - around $660 million in loans apparently. Voyager said it might issue a notice of default to Three Arrows due to its inability to repay a loan, after it came to the fore that over the past week the hedge fund has failed to meet margin calls while staring down liquidity issues.
https://www.tipranks.com/news/article/time-to-bail-out-of-voyager-digital-stock-says-analyst?utm_source=advfn.com&utm_medium=referral
Voyager Digital (PK) (USOTC:VYGVF)
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