Those choices have, in turn, led to genuine financial contagion within crypto markets, including tragic rugpulls for a number of startups that had fun
Those choices have, in turn, led to genuine financial contagion within crypto markets, including tragic rugpulls for a number of startups that had funds custodied with 3AC. More to the point, though, 3AC set the market up for a wave of forced sales of bitcoin, ether (ETH) and similar blue-chip assets, threatening not just individual companies but the entire market.
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