By singaporelawwatch.sg on July 6, 2022
Beleaguered Singapore-based crypto firm Three Arrows Capital is now facing censure from the Monetary Authority of Singapore (MAS) on top of its considerable financial woes. Three Arrows, also known as 3AC, was reprimanded by the MAS on Thursday (June 30) for providing false information and for managing more assets than it was allowed to under Singapore rules. The regulator listed three breaches by the crypto hedge fund relating to the Securities and Futures Act 2001 and the...
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