The post Crypto Exchange Blockchain.com May Lose a Whopping $270 Million! Here’s Why appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide
Cryptocurrency exchange Blockchain.com stands to lose $270 million by lending money to Three Arrows Capital, the leveraged hedge fund that is currently the subject of a liquidation order in the British Virgin Islands. Due to a combination of falling cryptocurrency prices and inadequate risk management, Three Arrows Capital, which touted managing billions of dollars worth …
