dYdX Clears the Air on its Investor 3AC, States Three Arrows Capital’s Situation Does Not Affect its Liquidity and Operations

Summary: Three Arrows Capital was an early investor of dYdX. The team at dYdX has released a statement clarifying that the project is unaffected by the financial situation facing Three Arrows Capital. Nexo’s co-founder has also clarified that they have zero exposure to Three Arrows Capital. The ongoing insolvency facing Three Arrows Capital due to the crypto hedge fund being liquidated to the tune of hundreds of millions of dollars has caused a far-reaching ripple effect, extending to projects it […]