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FatManTerra's profile
FatMan
FatMan
FatMan
@FatManTerra

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FatMan

@FatManTerra

FatMan from the Terra Research Forum I provide research, updates, and analysis on the Terra situation as it unfolds. Views are my own opinions.

fatmanterra.eth
Joined May 2022

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    1. FatMan‏ @FatManTerra Jun 16

      Verified sources have confirmed that 3AC owes a large debt to BitMEX, a popular cryptocurrency exchange. 3AC has reportedly taken on several undercollateralized positions, creating unsecured debt. The creditors who got in touch with me confirm that 3AC are still uncontactable.

      58 replies 124 retweets 972 likes
    2. beardgd‏ @beardgod___ 22h22 hours ago
      Replying to @FatManTerra

      What is your opinion on 3AC still being top 2 on the Ftx leaderboard? Taking this position, 3AC should still have revenues between the high digit million range and one billion. Why is no one talking about this?

      1 reply 0 retweets 2 likes
    3. FatMan‏ @FatManTerra 22h22 hours ago
      Replying to @beardgod___

      Good question - wish I knew - I have no idea how they blew up their fund (or if they even did), since their AUM is quite high. I hope it's just cashflow issues rather than actual structural insolvency

      1 reply 0 retweets 3 likes
    4. beardgd‏ @beardgod___ 22h22 hours ago
      Replying to @FatManTerra

      @ChadCloutman actually confirmed in a tweet that the FTX Leaderboard has been frozen for weeks now. The leaderboard is therefore incorrect. But then the question arises whether FTX really wants to cover up the crash of 3AC. It's getting more and more ridiculous.

      2 replies 0 retweets 3 likes
      FatMan‏ @FatManTerra 22h22 hours ago
      Replying to @beardgod___ @ChadCloutman

      Oh, wow...

      5:08 AM - 17 Jun 2022
      • 3 Likes
      • Gepard Gwen Moon advocate.eth (Kevin Koo Seng Kiat)
      0 replies 0 retweets 3 likes

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