Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Su Zhu
Three Arrows Co-Founder Zhu Raises Fears of Imprisonment
According to a recent report, in his affidavit, Su Zhu, co-founder of bankrupt crypto hedge fund, Three Arrows Capital, expressed worries about potential jail time. Zhu delivered his affidavit in Thailand earlier this month, noting his concerns and sharing some other thoughts. Zhu Concerned a Prison Sentence Might Be on the Way Earlier this year, 3AC was caught in the crossfire of the Terra crash leading the firm to a messy demise of its own. In late June, a court…
3 years ago