ilmscore | Prediction Details
"three ac three rs capital took that money and used it to arbitrage trade on a futures etf from grayscale and yield farm now an easier way to understand what i just said is they took that borrowed money and they played press your luck and they got triple whammy and they lost all of it because one of their investments was on terra luna which was a stable coin promising to pay people 20 annual interest per year which was just crazy and obviously that one collapsed"
By Andrei Jikh | July 8, 2022 | Pending
From video
Losing Everything In Crypto | BANKRUPT 00:06:43 - 00:07:08
Interpreted Prediction
Three Arrows Capital lost all borrowed funds due to risky arbitrage and yield farming strategies, including an investment in the collapsed Terra Luna stablecoin.

Prediction Details

Topic
Three Arrows Capital Losses

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