Tag: Orthogonal
Crypto Firm Orthogonal Trading Said to Be in Provisional Liquidation After Maple Defaults
Orthogonal defaulted on $36 million of loans on decentralized finance (DeFi) protocol Maple Finance earlier this month after it misrepresented its los [...]
Crypto Firm Orthogonal, Victim of FTX Contagion, Now Faces Internal Dissent
Shortly after Orthogonal got served with default notices on $36 million of crypto loans from Maple Finance, the firm’s credit team published a stateme [...]
Maple Finance cuts ties with Orthogonal Trading over alleged misrepresentation of finances
Blockchain-based institutional capital marketplace Maple Finance announced on Dec 5 that it plans to cut all ties with Orthogonal Trading due to alleg [...]
Maple Finance Severs Ties With Orthogonal Trading, Alleging It Misrepresented Financial Position
Orthogonal Trading was due to pay back a $10 million USDC stablecoin loan on Dec. 4.
www.coindesk.com [...]
Orthogonal Credit alleged key weaknesses in Alameda’s due diligence early in 2022
Orthogonal Credit, an arm of the digital asset hedge fund Orthogonal Trading, disclosed on Nov. 9 it pushed to close Alameda Research's dedicated borr [...]
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