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.
https://news.sky.com/story/crypto-hedge-fund-three-arrows-capital-plunges-into-liquidation-12642402
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.
https://news.sky.com/story/crypto-hedge-fund-three-arrows-capital-plunges-into-liquidation-12642402
