A leaked investor call from Morgan Creek Digital suggests BlockFi liquidated 3AC for $1 billion, while Celsius reportedly maintained a highly risky assets-to-equity ratio last year that may have caused its recent liquidity woes.
![](https://platodata.io/wp-content/uploads/2022/06/contagion-genesis-faces-huge-losses-blockfis-1b-loan-celsiuss-risky-model.jpg)
Contagion: Genesis faces huge losses, BlockFi’s $1B loan, Celsius’s risky model
BlockchainTime Stamp: June 30, 2022 1:44 AM
Source Node: 1543458