Monday, June 5, 2023

3AC In Detail

By DAC000 , in cryptocollapse , at August 15, 2022 Tags: , ,

According to New York mag. About an eight minute read.

Comment: wow this is excellent, and fills in some missing pieces. Best bit from the article: allegedly, as 3AC imploded, they borrowed from The Mafia. Which, the author suggests, is why they are on the lam now; paid the mob back but screwed everyone else. Another data point: they put $200M in Luna, which soared to a $500M and then collapsed to — get this — $604. My gosh.