[DB] FTX, Deribit and BitMEX have liquidated Three Arrows Capital’s positions, sources tell The Block.
Three Arrows owes BitMEX around $6 million, said one of the sources.
Aight I'm gonna clear this up for ya'll real quick
BlockFi, Celsius and other similar platforms are *not* decentralized finance - they are centralized finance services that may utilize DeFi protocols in order to generate yield for their customers
Stop calling them DeFi
@WatcherGuru Whole $LUNA thing was an actual exit scam. Build a whole ecosystem of dapps and attract developers, then just rug for 80K $BTC and watch the whole thing crash.
@WatcherGuru KBS reported that the Seoul Police Agency asked exchanges to prevent LFG from withdrawing any corporate funds. However the exchanges are not bound by law to do so; police said that they stepped in after indications that there were embezzled funds within LFG. LUNA saga continues