Did a crypto hedge fund blow up?

“Crypto hedge funds blow up regularly. Three Arrows Capital collapsed in 2022, and given crypto volatility, it's near-certain at least one fund has blown up by the resolution date. The question likely resolves on any qualifying event.”

“Crypto markets are highly volatile, and many hedge funds use leverage, making them susceptible to rapid collapses even over short periods. Past events show this is a recurring risk.”

“Crypto markets are volatile, and hedge funds often take high risks. Recent history shows several hedge fund failures, making it likely another has occurred by now.”

“Crypto hedge funds face high volatility, leverage risks, and market downturns. Given historical patterns of fund collapses during crypto cycles, a blow-up within a year is likely.”