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/biz/ - Business & Finance

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50043014 No.50043014 [Reply] [Original]

3AC defaulted on a $700 million loan payment and nobody on this board is talking about it

>> No.50043072

>>50043014
Yeah we're in for a few more blow ups in the next week or two for sure. SBF said that NEXO and other "third tier lenders" are already insolvent, it's only a matter of time.

>> No.50043084

>>50043014
Does that mean they HAVE to pay it or are they going to stall or what?

>> No.50043091

>>50043014
>pajeet and nigerian scammers
>virgin losers
>degenerate gamblers
why would they talk about anything of value

>> No.50043092

>>50043014
We were talking about it weeks ago.
Old news now.

>> No.50043598

wat https://news.sky.com/story/crypto-hedge-fund-three-arrows-capital-plunges-into-liquidation-12642402

>> No.50043609
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50043609

everything is a nothing burger
so idk

>> No.50043620

>>50043014
I wipe my ass with $700 million

>> No.50043627

>>50043014
defaulted likely means they don't have the coins to sell to make it whole, so hopefully might mean they're done with the dumps and shouldn't affect price more now
and if so, that's all that really matters for anyone outside of 3AC and whoever lost money on them

>> No.50043672

>>50043627
Cope. It means they are dumping for monero and dumping that for usd

>> No.50043698

>>50043627
They're likely done, I think they emptied out their major L1s wallets and ETH, Maybe they've some BTC left or some sitting on stables

>> No.50043856

>>50043672
lmao i hold monero too nigger
pump my bags