Singapore's MAS bars founders of crypto hedge fund 3AC from market activity

Singapore's MAS bars founders of crypto hedge fund 3AC from market activity

A view of the Monetary Authority of Singapore building in Singapore April 18, 2016. REUTERS/Edgar Su/Files

Singapore’s central bank said on Thursday it has barred the founders of bankrupt cryptocurrency hedge fund Three Arrows Capital (3AC) from market activity in the city-state for nine years.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter