On Wednesday, it was reported that the crypto hedge fund Three Arrows Capital (3AC) was liquidated by a British Virgin Islands court and following the alleged liquidation, the Monetary Authority of Singapore (MAS) has reprimanded 3AC for misleading regulators. Furthermore, reports claim that liquidators in Singapore are attempting to seize the properties owned by 3AC co-founder Su Zhu and his wife.
What is an initial coin offering?
An Initial Coin Offering (ICO) is a revolutionary fundraising method where startups and projects raise capital by issuing new digital tokens or cryptocurrencies. Discover how ICOs work, their impact on