Blockchain.com Faces $270M Hit on Loans to Three Arrows Capital [Get your Coins out ASAP!]

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coindesk.com1m ago

“Three Arrows is rapidly becoming insolvent and the default impact is approximately $270 million worth of cryptocurrency and U.S. dollar loans from Blockchain.com,” Peter Smith, Blockchain.com’s CEO, wrote in a letter to shareholders, reviewed by CoinDesk.