Two key U.S. regulators are reportedly investigating the bankrupt crypto-focused hedge fund Three Arrows Capital (3AC). According to anonymous sources reported by Bloomberg, the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) are now looking into whether the fund “violated rules by misleading investors about the strength of its balance sheet and not registering with the agencies.” The Singapore-based fund, which began actively trading cryptocurrencies in 2017, was one of the world’s largest crypto funds before filing Chapter 15 bankruptcy pro ...
Continue reading the above news article, by clicking here.
Administration and Moderation NOTE: A Reminder, the above news is provided for free, through a RSS Feed. The above quote does NOT include the full story. In order to continue to read more past what is quoted, please click through to the article, by clicking on the link provided above through the "continue reading" text.
Please be sensible and follow our terms of service and rules, when replying and debating the news article.
Welcome to Admin Junkies