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Crypto: Liquidity Crisis Spreads to Major Exchanges


The listing of collateral victims of the liquidity crunch presently affecting crypto lenders is way from absolutely recognized.

If certainly we have already got two dominoes which have fallen, it’s going to take time to know the names of the completely different corporations uncovered to this debacle which has renewed an excellent distrust of the crypto business.

It began with the dramatic collapse of sister tokens Luna and UST in Might, which led to the disappearance of not less than $55 billion. Since then, we discovered that the hedge fund Three Arrows Capital, also referred to as 3AC, had invested giant sums of cash in Luna.

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