Three Arrows Capital's downfall, marked by substantial losses resulting from ill-fated trades and investments spanning 2021 and 2022, triggered a cascade effect across the wider cryptocurrency market.
BrianThe company is commonly known for its crypto exchange-trraded products.
AlexThe case claimed that EmpiresX and its founders violated the registration and anti-fraud provisions of the Securities Act of 1933 and the Securities Exchange Act of 1934.
Others
Coinlive Skybridge Capital chief executive Anthony Scaramucci is now convinced that collapsed crypto exchange FTX committed wrongdoing.
dailyhodlThe exchange said it was talking to regulators around the world.
BeincryptoFir Tree wants the Grayscale Bitcoin Trust to resume redemptions and cut fees.
CoindeskThe regulators are probing whether the Singapore-based fund over-stated the strength of its balance sheet and did not register with agencies.
OthersAmid the grueling bear market for Bitcoin, Ether and altcoins, the cryptocurrency industry is undergoing consolidation.
CointelegraphFailed crypto hedge fund Three Arrows Capital (3AC) has been in the spotlight because it has defaulted on debt obligations ...
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