Trouble

3AC Founders Face New Trouble as Regulators Impose 9-Year Ban Amidst Bankruptcy

by
3AC Founders Face New Trouble as Regulators Impose 9-Year Ban Amidst Bankruptcy

Bankrupt 3AC Founders Run Into Trouble Again As Regulators Impose 9-Year Ban Singapore’s central bank, the Monetary Authority of Singapore (MAS), has issued long-term prohibition orders against Zhu Su and Kyle Davies, founders of the bankrupt crypto hedge fund Three Arrows Capital (3AC). The founders are now banned from engaging in regulated business activities in … Read more

Legal Property Or Trouble Ahead?

by
The Future of Crypto-Currency and Bitcoin!

A recent report from China’s People’s Court challenges the government’s historical stance on cryptocurrency by recognizing virtual assets as legal property. This is a departure from China’s strict regulations and bans on cryptocurrencies. The report asserts that virtual assets possess economic attributes that categorize them as property. While this recognition does not directly challenge the … Read more