Crypto firms are now taking out loans. investvoyager, Alameda Research, and Three Arrows Capital are now involved in an agreement.
Voyager also noted that the company might issue a notice of default to 3AC if they fail to pay its loans from Voyager. The firm revealed that 3AC owes the Voyager 15,250 BTC and $350 million USD Coin and noted that they have sent requests for repayment to 3AC.
The repayment requested involves $25 million to be paid on Friday and payment of the total balance on Monday. If 3AC fails to pay either of the amounts specified, it will be considered an event of default. Apart from these, Voyager noted that it hopes to pursue legal action to recover its funds from 3AC and is currently working with the company's lawyers to find potential legal remedies. Voyager also highlighted that, at this point, they are unable to measure the amount that can possibly be recovered from 3AC.
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