Adam Cochran, partner at Cinneamhain Ventures, discusses the impact of 3AC’s impending liquidation. Show topics:
- why 3AC founders (and family members) are listing themselves as creditors
- what the “corporate veil” is and why it matters regarding 3AC
- where retail investors stand in the pecking order of creditors
- why Adam doesn’t believe we know the full story about 3AC’s downfall, despite liquidators leaking a 1,000-page report about it
- what creditors might do with 3AC’s yacht
- why Adam is less worried about the health of GBTC in light of recent 3AC filings
- what effect 3AC’s fall will have on Genesis and Digital Currency Group
- why creditors might prefer liquidations to be paid out in equity compared to cash in this environment
- how 3AC’s liquidation is impacting retail investors at Voyager and Celsius
- why there could be a crypto credit crunch coming soon
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Adam Cochran
Coverage
- Adam Cochran Twitter thread on 3AC liquidation:
- Adam Cochran Twitter thread on 3AC contagion:
- 3AC founders subpoenaed
- 3AC x Genesis relationship
- 3AC owes creditors $3.5 Billion
- 3AC liquidation committee
- 3AC x Blockchain.com relationship
- Deribit liquidation dispute
- 3AC x StarkWare
Previous Unchained Coverage
- Wassielawyer on 3AC, Celsius, and Voyager
- 2022
- 3AC
- Adam Cochran
- Bitcoin
- blockchain
- blockchain compliance
- blockchain conference
- Cinneamhain Ventures
- coinbase
- coingenius
- Consensus
- crypto conference
- crypto mining
- cryptocurrency
- decentralized
- DeFi
- Digital Assets
- ETH
- ethereum
- Laura Shin
- Liquidation
- machine learning
- non fungible token
- plato
- plato ai
- Plato Data Intelligence
- Platoblockchain
- PlatoData
- platogaming
- Polygon
- proof of stake
- Shows
- stETH
- Unchained
- Unchained Podcast
- W3
- zephyrnet