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Singapore regulator censures embattled crypto fund Three Arrows

Financial Times LogoFinancial Times1 mo ago

Singapore regulator censures embattled crypto fund Three Arrows

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Co-founder Su Zhu has previously made the case for a crypto “supercycle”, in which prices would be immune from collapse on account of increasing adoption of crypto tokens.

The company became a registered fund management company in Singapore in 2013, permitted to manage assets of up to S$250mn.

Three Arrows did not immediately respond to a request for comment.


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Article Details

Author / Journalist: Scott Chipolina

Category: MarketsFinanceInvesting

Topics: Fund Bitcoin Last Three Arrows Singapore Crypto Management Financial Failed

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-30, 13:19:34

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Reading Time: 3 minutes read

Article Length: 535 words

Coverage Area: United States

Availability: Desktop Web, Mobile Web

News ID: 22945

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About Financial Times

Financial Times Logo

Main Topics: MarketsFinanceInvesting

Official Website: ft.com

Update Frequency: 16 posts per day

Year Established: 1888

Headquarters: United States

News Last Updated: 8h ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

News Language: English

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Publisher ID: #3

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