US Regulators Probing Bankrupt Crypto Hedge Fund Three Arrows Capital

Oct 18,2022
KingData News: The Commodity Futures Trading Commission and the Securities and Exchange Commission are now looking into whether Three Arrows Capital violated rules by misleading investors about the strength of its balance sheet and not registering with the agencies, according to two people familiar with the matter. Scrutiny from the agencies, both of which declined to comment, can lead to monetary fines and other penalties for firms and individuals.
On June 13, Zhu Su, co-founder of Three Arrows Capital, has removed ETH, AVAX, LUNA, SOL, NEAR, MINA and other Tokens from his Twitter profile. On June 15, sources revealed that the total liquidation amount of Three Arrows Capital on Deribit, BlockFi and other lending platforms was up to $400 million. This indicator provides a real-time tracking of news reports on Three Arrows Capital's liquidity crisis.
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