A court in the British Virgin Islands has ordered the liquidation of Singapore-based Three Arrows Capital.
The firm's demise is likely to raise further questions, however, about the regulatory oversight to which cryptocurrencies and other digital assets are subject in the world's major financial centres.
Meanwhile, the market value for all cryptocurrencies stood just below $1 trillion; seven months ago, that figure approached $3 trillion.
The firm's demise is likely to raise further questions, however, about the regulatory oversight to which cryptocurrencies and other digital assets are subject in the world's major financial centres.
Meanwhile, the market value for all cryptocurrencies stood just below $1 trillion; seven months ago, that figure approached $3 trillion.
Crypto hedge fund Three Arrows Capital plunges into liquidation
A court in the British Virgin Islands has ordered the liquidation of Singapore-based Three Arrows Capital, underlining the crisis gripping the cryptocurrency sector, Sky News learns.
news.sky.com