I'm seeing this news from two perspectives, a good one & not so good one:
A. The assets will be liquidated in order to give the lenders their money back. This is good because it might help Voyager, for example, to return their assets to their clients.
B. 3AC is still a 9-figure operating hedge fund with negative equity, but with highly valued assets. For example they were big owners of GBTC, this can be easily seized & liquidated to repay creditors. Depending of what kind assets 3AC had, liquidations could impact crypto & TradFi.
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