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News Explorer — 3AC’s Zhu Su, Kyle Davies Slapped With 9-Year Finance Ban by Singapore Monetary Authority

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Sep 14, 11:34 am
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3AC’s Zhu Su, Kyle Davies Slapped With 9-Year Finance Ban by Singapore Monetary Authority

The founders of Three Arrows Capital, a former cryptocurrency hedge fund based in Singapore, have been barred from financial activity in the country for nine years. They are accused of contravening securities regulations and failing to inform the Monetary Authority of Singapore (MAS) about the employment of a hedge fund manager. The founders also provided false information to the MAS and had inadequate risk management for cryptocurrency trading.

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