MAS bans founders of failed crypto hedge fund Three Arrows Capital
MAS says Three Arrows Capital founders Zhu Su and Kyle Livingston Davies have been issued prohibition orders lasting nine years.
Source: asiaasset.com
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EXPLAINER: New Singapore Ruling Offers Crypto Certainty
Singapore was pegged by industry experts to become the cryptocurrency capital of the world. In 2021, the crypto market in Singapore grew to $1.48 billion, a ten-fold increase from the previous year, according to KPMG. Singapore lawmakers’ progressive attitude towards digital asset finance invited investors to its shores, setting up a rapidly expanding industry.
Source: legalbusinessonline.com
SEC's Gensler May Face an Unbeatable Foe in Crypto
Despite a barrage of enforcement actions, the agency is flailing.
Source: thedailyupside.com
Singapore bans 3AC founders from conducting market activity for 9 years
Singapore’s central bank has issued prohibition orders against Su Zhu and Kyle Davies, founders of the now-defunct cryptocurrency hedge fund, Three Arrows…
Source: biztoc.com
Singapore Central Bank Bans Zhu, Davies Over Three Arrows
(Bloomberg) -- Singapore’s central bank imposed nine-year prohibition orders on Su Zhu and Kyle Davies for transgressions at their collapsed crypto hedge fund Three Arrows Capital.Most Read from BloombergCaesars Entertainment Paid Millions to Hackers in AttackCiti Plans Job Cuts as It Revamps Top Management StructureChina Sows Fresh Confusion About Apple With Security RemarksLuxury Cruise Ship Full of Australians Stuck in Greenland ArcticFed on Alert for One More Hike After ‘Disappointing’ Infla
Source: yahoo.com