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FSInsight Accuses Three Arrows Capital of Running a ‘Madoff-Style Ponzi Scheme’

3AC borrowed recklessly from just about every institutional lender in the business, a report from the research firm says.

Updated May 11, 2023, 4:17 p.m. Published Jun 28, 2022, 2:52 p.m.
FSInsight didn't mince words when it came to characterizing 3AC's activities. (The Image Bank/Getty Images)
FSInsight didn't mince words when it came to characterizing 3AC's activities. (The Image Bank/Getty Images)