{"id":81902,"date":"2022-06-28T02:00:10","date_gmt":"2022-06-28T06:00:10","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=81902"},"modified":"2022-06-28T01:34:52","modified_gmt":"2022-06-28T05:34:52","slug":"one-of-the-most-prominent-crypto-hedge-funds-just-defaulted-on-a-670-million-loan","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/06\/2022\/one-of-the-most-prominent-crypto-hedge-funds-just-defaulted-on-a-670-million-loan.html","title":{"rendered":"One of the most prominent crypto hedge funds just defaulted on a $670 million loan"},"content":{"rendered":"\n<p>(CNBC) Prominent crypto hedge fund Three Arrows Capital has defaulted on a loan worth more than $670 million. Digital asset brokerage Voyager Digital <a rel=\"noreferrer noopener\" href=\"https:\/\/www.prnewswire.com\/news-releases\/voyager-digital-provides-market-update-301575492.html\" target=\"_blank\">issued a notice on Monday morning<\/a>, stating that the fund failed to repay a loan of $350 million in the U.S. dollar-pegged stablecoin, <a href=\"https:\/\/www.cnbc.com\/quotes\/USDC.CM=\">USDC<\/a>, and 15,250 <a href=\"https:\/\/www.cnbc.com\/quotes\/BTC.CB=\">bitcoin<\/a>, worth about $323 million at today\u2019s prices.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2022\/06\/27\/three-arrows-capital-crypto-hedge-fund-defaults-on-voyager-loan.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Prominent crypto hedge fund Three Arrows Capital has defaulted on a loan worth more than $670 million. Digital asset brokerage Voyager Digital issued a notice on Monday morning, stating that the fund failed to repay a loan of $350 [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-81902","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/81902","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=81902"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/81902\/revisions"}],"predecessor-version":[{"id":81903,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/81902\/revisions\/81903"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=81902"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=81902"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=81902"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}