3AC was thought of a very powerful fund in crypto, whereas Archegos was simply one among many in TradFi. Nonetheless, there are just a few parallels between the corporations value noting. First, the numbers are shockingly related, if not precisely comparable. The second parallel is extra necessary: Within the 2010s, fancy funding bankers made the identical completely brain-dead form of bets because the wild-eyed psychos who (presumably) run cash in crypto.
