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Bitcoin.com 2023-09-14 18:00:04

Singapore’s Monetary Authority Issues 9-Year Ban on Three Arrows Capital Founders

The Monetary Authority of Singapore (MAS) has issued nine-year prohibition orders against Three Arrows Capital (3AC) founders Zhu Su and Kyle Davies, banning them from regulated financial activities in the country. The orders come after a MAS investigation that reportedly uncovered multiple violations of securities laws by the now-defunct crypto hedge fund and its directors.

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