Whats the number of times the letter g appears in:
Final week there was a variety of consideration on cryptocurrency hedge fund Three Arrows Capital (3AC) because the agency reportedly liquidated a lot of leveraged positions and there was hypothesis of insolvency. In response to a current report, 3AC’s over-the-counter (OTC) operation, TPS Capital, launched a GBTC arbitrage alternative earlier than the agency reportedly defaulted on margin calls.
Earlier than June 14, which was the final day Su Zhu tweeted, the co-founder of Three Arrows Capital Ltd. (3AC) was very energetic on Twitter. Since then, Zhu and 3AC co-founder Kyle Davies haven’t been energetic on social media, however the silence hasn’t stopped folks from investigating the corporate. It’s because varied studies point out that 3AC positions have been liquidated and a few reports they speculate that the fallout from Terra LUNA and UST crippled the corporate with “huge losses.” The identical account signifies that it might have prompted 3AC to “use extra leverage to get it again. Also called ‘revenge buying and selling,’” the report added.
On June 17, Reuters and the Wall Road Journal (WSJ) reported that 3AC was “exploring choices, together with asset gross sales and a bailout by one other firm.” Davies spoke to the WSJ, telling reporters that “the Terra-Luna state of affairs caught us off guard.” Moreover, Michael Moro, CEO of Genesis Buying and selling, explained on Twitter that the corporate “mitigated our losses” in opposition to a big counterparty that defaulted on a margin name. He additionally added that Genesis Buying and selling shopper funds weren’t affected.
Then FTX CEO Sam Bankman-Fried speak about 3AC on June 19, emphasizing that issues like 3AC’s monetary collapse “could not have occurred with a sequence protocol that was clear.” Bankman-Fried’s assertion got here from a Question who requested how the crypto trade can be sure that a 3AC second doesn’t occur once more.
Additionally, the reporter for The Block short frank launched a report saying “days earlier than Three Arrows Capital blew up, it was launching buyers into a brand new arbitrage commerce.” Chaparro detailed that The Block reviewed funding paperwork that TPS Capital allegedly offered to buyers and that the arbitrage alternative concerned GBTC, the greyscale-traded product pegged to bitcoin (BTC). “They instructed so many individuals,” an individual conversant in the matter instructed Chaparro.
What do you consider the 3AC state of affairs and the corporate’s alleged GBTC arbitration alternative? Tell us what you consider this subject within the feedback part under.

user
In the text, there are forty-nine "g"s.
assistant