Bloomberg: Berkshire May Lose $6B on Loan to Three Arrows Capital

Jul 09,2022
KingData News: Berkshire Hathaway stands to lose $6 billion from unsecured loans it made to embattled crypto hedge fund Three Arrows Capital, in documents reviewed by Bloomberg.
On June 13, Zhu Su, co-founder of Three Arrows Capital, has removed ETH, AVAX, LUNA, SOL, NEAR, MINA and other Tokens from his Twitter profile. On June 15, sources revealed that the total liquidation amount of Three Arrows Capital on Deribit, BlockFi and other lending platforms was up to $400 million. This indicator provides a real-time tracking of news reports on Three Arrows Capital's liquidity crisis.
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