How three arrows capital blew up and set off a crypto contagion
19 mins | Jul 19, 2022
The hedge fund ended up looking much more like a gambling operation. Su Zhu and Kyle Davies turned their business into crypto's most important hedge fund. But when the price of Bitcoin fell, the fund's sudden collapse rocked the industry. Justina Lee, Muyao Shen and Ben Bartenstein provide a detailed analysis of where Three Arrows Capital went wrong.