Orthogonal Trading defaulted ona $36m loan under the Maple Finance agreement

According to The Block, Orthogonal Trading, an investment company that operates crypto hedge funds and credit businesses, defaulted ona $36 million loan from Maple Finance, a crypto lending protocol. About 30 per cent of Maple Finance's active loan volume. Maple Finance has cut ties with Orthogonal Trading. Orthogonal Trading did not respond to requests for comment.