8 Blocks Capital asks to freeze Three Arrows due to loss $1 million – Bits Media

Cryptocurrency Fund Three Arrows Capital (3AC) can become the object of a new scandal, Against the background of increasing assumptions about its possible bankruptcy.

CEO of the company 8 Blocks Capital, protruding liquidity supplier 3AS, Danny Yuan (Danny Yuan), reported, what is him The team discovered the loss $1 Milln from company funds, posted in Three Arrows Capital.

Explaining the reason for the accusations of Danny Yuan said, what 12 june 2022 of the year, when the cryptocurrency market fell, 8 Blocks Capital requested the withdrawal of funds from the 3ac operating room. However, the request of his company was ignored and there was no response from the cryptocurrency fund.

When 8 Blocks Capital using the script conducted an audit of the balance in 3ac accounts, a shortage was discovered in $1 million. Danny Yuan said, What turned to the co -founder of 3AC Kyle Davis (Kyle Davies) and his team for clarification. However, the answer, As in the previous case, Not received.

From third -party sources representatives 8 Blocks Capital found out, What is possible, Three Arrows Command, to avoid elimination of positions, replenished customers with my own brokerage account.

“We learned, that they used a long credit shoulder everywhere and received marzhin-collars. The platform had no other choice, except to eliminate your position, which led to a further fall in the markets. Losses on bets - a common thing, but you have to be honest and not draw others into your own, who have nothing to do with it ", - wrote on Twitter Danny Yuan.

Director of the company 8 Blocks Capital called on platforms, where 3C assets can be placed, Freeze them, So that the creditors have a chance to return their money after the future trial.

It became known, that the founder of Bitboy Crypto accused the Celsius cryptocurrency lending platform of illegally blocking the means in the users' accounts and announced his readiness to file a collective claim.