Russian oil firms are using Bitcoin, Ethereum, and stablecoins to convert Chinese yuan and Indian rupees into roubles for trade as Western sanctions persist. Faced with Western sanctions, Russian oil firms are actively turning to cryptocurrencies to move money between…
FTX liquidated $1.5B in 3AC assets 2 weeks before hedge fund’s collapse
Newly revealed court documents show that FTX secretly liquidated $1.53 billion in Three Arrows Capital (3AC) assets just two weeks before the hedge fund collapsed