Blockfi Took Part In Liquidating Three Arrows: ... Apr 2026
: BlockFi CEO Zac Prince confirmed the company "fully accelerated the loan" and liquidated all associated collateral to protect its balance sheet.
BlockFi's involvement in liquidating Three Arrows Capital (3AC) was a proactive risk management move to mitigate losses from the hedge fund's massive defaults . As one of the first lenders to act, BlockFi fully liquidated or hedged all collateral associated with its loans to 3AC. Key Aspects of the Liquidation BlockFi Took Part in Liquidating Three Arrows: ...
: Before settling, 3AC liquidators claimed BlockFi owed them $280 million , while BlockFi asserted it was owed $129 million by the defunct hedge fund. : BlockFi CEO Zac Prince confirmed the company
: Reports indicated the liquidation totaled at least $400 million . Key Aspects of the Liquidation : Before settling,
: 3AC failed to meet a margin call on an overcollateralized bitcoin loan following a sharp market downturn.
: BlockFi claimed to be among the first to take action , which helped it recover funds before other lenders. Legal and Financial Aftermath