Summary: Three Arrows Capital allegedly exceeded the asset under management (AUM) threshold set by the Monetary Authority of Singapore. The MAS also noted that 3AC provided misleading information regarding the management of its fund and changes in company hierarchy. Singapore’s top regulator started looking into the matter in June 2021. The MAS is currently investigating other possible violations by Su Zhu’s firm. Chief Fintech Officer Sopnendu Mohanty previously said the agency will be brutal to bad crypto companies. The Monetary […]
