Cryptocurrency ‘bloodbath’ threatens multibillion-dollar hedge fund

Three Arrows Capital founder takes to Twitter to assuage fears after 25% drop in price of bitcoin in a single dayThe “bloodbath” in the cryptocurrency sector may claim another victim, with the co-founder of multibillion dollar hedge fund Three Arrows Capital using Twitter in an attempt to battle rumours that the company is insolvent following the market collapse.With a net asset value of $18bn (£14.9bn) in its last public statement, the Singapore-based hedge fund was known for