Three Arrows Capital vs Lido (Lido Labs)

Three Arrows Capital (3AC) was a Singapore-based crypto hedge fund that managed up to $10 billion before over-leveraged bets and the Terra collapse pushed it into court-ordered liquidation in June 2022, defaulting on loans and triggering a cascade of lender bankruptcies.

Blockchain / Crypto

Lido (Lido Labs)

Operates the largest Ethereum liquid-staking protocol, issuing the stETH token via the Lido DAO.

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