Trouble at crypto hedge fund Three Arrows Capital triggers fears of contagion

Trouble at crypto hedge fund Three Arrows Capital triggers fears of contagion

Photographer: Chris Ratcliffe/Bloomberg

Rumors of cryptocurrency hedge fund Three Arrows Capital being on the brink of insolvency have sent shockwaves through the crypto space, with industry observers predicting more trouble for the decentralized finance (DeFi) sphere as contagion spreads.