Contagion: Genesis faces huge losses, BlockFi's $1B loan, Celsius's risky model
Submitted by Anonymous (not verified) on Thu, 06/30/2022 - 08:50
A leaked investor call from Morgan Creek Digital suggests BlockFi liquidated 3AC for $1 billion, while Celsius reportedly maintained a highly risky assets-to-equity ratio last year that may have caused its recent liquidity woes.