How did Three Arrows Capital (3AC) Fall from the Top?

Three Arrows Capital (3AC) is a Singaporean cryptocurrency hedge fund founded in 2012 by Kyle Davies and Su Zhu. At its peak, it even backed successful projects like AAVE, Ethereum, Polkadot, Solana etc. Now, this former giant is going bankrupt and owes US$3.5 billion to 27 companies. What brought them down? Was it Terra Luna? Axie Infinity? Or something else? Learn more about Three Arrows Capital: https://boxmining.com/three-arrows-capital-3ac-rise-and-fall-of-a-crypto-hedge-fund-giant/ Tiktok: https://www.tiktok.com/@boxmining 0:00 Introduction 0:39 Background of Three Arrows (3AC) 2:44 Collapse of Terra LUNA 5:10 Three Arrows’ excessive leverage 6:50 How Su Zhu & Kyle Davies reacted? ●▬▬▬▬▬▬▬Recommendations▬▬▬▬▬▬▬● 📖 Guides, tutorials and insights: https://boxmining.com/ Recommendation List: https://www.cryptoatlas.io/Boxmining 🌼Buy & Sell Bitcoin: https://join.swissborg.com/r/michaeOQZM 🔒Hardware Wallet: http://boxmining.co/ledger 👍🏻Brave Browser: http://boxmining.co/brave 📲Binance Exchange : http://boxmining.co/binance ●▬▬▬▬▬▬▬▬▬▬Community▬▬▬▬▬▬▬▬▬● Boxmining clips: https://www.youtube.com/channel/UCjFy3VBgOZanySOLhQu6GaQ Boxmining News Website: https://www.boxmining.com/ Telegram Group: https://t.me/BoxminingFam ●▬▬▬▬▬▬▬▬▬▬▬Social▬▬▬▬▬▬▬▬▬▬▬● Twitter: https://twitter.com/boxmining Discord: https://discord.gg/9qCpqpZm8G Facebook: https://www.facebook.com/boxmining ●▬▬▬▬▬▬▬▬▬▬Disclaimer▬▬▬▬▬▬▬▬● I'm not a professional financial adviser and you should always do your own research. I may hold the cryptocurrencies talked about in the video.