What happened to 3AC?

The downfall of 3AC caught many in the crypto circle by surprise — founders Zhu Su and Kyle Davies were hailed as some of the smartest in the space, with many loyal followers taking their words, or tweets in this case, as sage advice.

How many berths does a 3AC coach have?

The new 3AC economy class coaches will have 83 berths as against 72 in regular 3AC coaches. Regular 3AC coaches have two side berths, which will be increased to three in the new coaches. The fare is determined to be 2.4 times the base price of existing sleeper class of mail and express trains, officials said.

How much did 3AC invest in AAVE?

As a result, the fund’s AUM grew exponentially, reaching an estimated $18 billion at its peak. 3AC was one of the first funds to invest in emerging projects like Aave back in the DeFi summer of 2020.

Did 3AC get a loan after a blowup?

He elaborated that lenders were “comfortable” with 3AC’s financial position after the blowup, although filings later showed that very little collateral was required to obtain such loans. 3AC took out loans from lenders like BlockFi, Genesis, Nexo and Celsius, and leveraged long on all of its positions.