Business
Crypto’s Domino Effect Expands, Threatens More Pain
Chaos in the digital asset ecosystem has grown in recent weeks, with loss in cryptocurrency blow holes in balance sheets and push companies close to bankruptcy.
After a crypto pair crashed, wiping out billions of dollars in value in May, a British Virgin Islands court last week order a hedge fund has survived several crypto downturns for liquidation. Another platform that treats hedge funds as an investor withdrawal limit and assess how hedge fund woes will affect its liquidity.