News
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3AC Co-Founder Zhu Su Arrested at Airport, Receives Four Month Jail Sentence for Contempt of Court: Report
- September 30, 2023
- Posted by: MasterAdmin
- Category: The Daily Hodl
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One of the co-founders of bankrupt crypto hedge fund Three Arrows Capital (3AC) has reportedly been arrested in an airport in Singapore.
According to a new report by The Business Times, 3AC co-founder Su Zhu has been apprehended at the Changi airport as he attempted to leave Singapore.
Zhu has received a four-month jail sentence for contempt of court.
Teneo, 3AC’s joint liquidator, tells The Business Times that Zhu has been sentenced to four months in prison by a court for his “deliberate failure” to comply with an order that asked him to cooperate with the firm’s liquidation investigation.…
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Three Arrows Co-Founder Su Zhu Arrested In Singapore; Gets 4-Month Jail Sentence
- September 30, 2023
- Posted by: MasterAdmin
- Category: ZyCrypto
The co-founder of now-defunct hedge fund Three Arrows, Su Zhu, has been slapped with a four-month jail term after being apprehended at an airport in Singapore on Friday while attempting to flee the country. The news was revealed by the firm’s court-appointed joint liquidator, Teneo.
Su Zhu Arrested
Three Arrows co-founder Su Zhu was arrested at Changi Airport in Singapore while trying to travel out of the country on Friday afternoon.…
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Crypto Biz: Kraken offers stock trading as exchanges adapt to changing regulations
- September 30, 2023
- Posted by: MasterAdmin
- Category: Cointelegraph
This week’s Crypto Biz explores Kraken’s securities arm, Gemini’s expansion in India, Binance’s return to Belgium, and an oil company in Argentina investing in crypto mining.
Cryptocurrency exchanges are adopting alternative strategies to conduct business in the face of tighter crypto regulatory environments worldwide. Signs are everywhere.
Kraken is reportedly moving to offer securities trading in the United States and the United Kingdom to expand its reach and compete with popular apps like Robinhood, which offer both crypto and stock trading.…
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SEC Delays Decision On Four Spot Bitcoin ETF Proposals, Including BlackRock, As Government Shutdown Looms
- September 30, 2023
- Posted by: MasterAdmin
- Category: ZyCrypto
The U.S. Securities and Exchange Commission punted its decision on four applications for spot Bitcoin exchange-traded funds (ETFs) presently under consideration ahead of an upcoming government shutdown.
SEC Again Postpones Spot ETF Filings
The SEC on September 28 said it is instituting additional proceedings to decide whether proposed spot bitcoin ETFs from BlackRock along with Bitwise, Invesco Galaxy Digital, and Valkyrie should be approved or denied.…
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Industry leaders and policymakers weigh in on a potential US gov't shutdown
- September 30, 2023
- Posted by: MasterAdmin
- Category: Cointelegraph
A U.S. government shutdown was not inevitable, but even if one were to last for a matter of hours or days, lawmakers’ priorities on their return may not be digital assets.
The United States House of Representatives has rejected a bill passed on by the Senate aimed at funding the government, and Speaker Kevin McCarthy’s proposals have so far failed to gain traction with far-right lawmakers in the House — all actions suggesting that the U.S.…
