Singapore’s central bank, the Monetary Authority of Singapore (MAS), has barred the founders of Three Arrows Capital, Zhu Su and Kyle Livingston Davies from participating in financial markets within the city-state for a period of nine years.
Three Arrows Capital was among the first top cryptocurrency firms to succumb to insolvency after the dramatic crash of Luna and TerraUSD cryptocurrencies in May. 3AC filed for bankruptcy in late June in the British Virgin Islands….
Read More: Monetary Authority of Singapore Bans 3AC Founders From Engaging in Financial Markets