Singapore Bans 3AC Founders From Financial Management for 9 Years
Singaporean financial authority MAS issued the ban, effective immediately.
Singaporean financial authority MAS issued the ban, effective immediately.
A month after going live, OPNX created by founders of the collapsed 3AC, was slammed with a $2.7 million fine
BlockFi said that the Official Committee of Unsecured Creditors have backed the proposal.
BlockFi's newly proposed plan faces opposition from FTX.
According to Kyle Davies, doing so will generate good karma for the disgraced hedge fund leaders.
The VC fund will focus on “superior risk-adjusted returns without leverage.”
Customers of the broker could start receiving their funds as soon as June 20.
Hayes has constantly asked the Three Arrows co-founder and his partner to repay a $6 million debt incurred following 3AC's
The reprimand was also sent to OPNX founders Mark Lamb and Sudhu Arumugam as well as it Chief Executive Officer
OPNX's official Twitter handle was suspended as well.