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Report: Blockchain.com CEO Reveals Company Lost $270 Million From 3AC Exposure - PR Business News Wire
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Report: Blockchain.com CEO Reveals Company Lost $270 Million From 3AC Exposure

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According to a report published on July 8, the cryptocurrency firm Blockchain.com lost $270 million from exposure to the crypto hedge fund Three Arrows Capital (3AC). The news was shared in a recent letter to shareholders written by the company’s CEO Peter Smith. The Blockchain.com executive stressed that the firm “remains liquid, solvent and our customers will not be impacted.”

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