Three Arrows Capital Said to Face Probes by US SEC, CFTC Over Investor Conduct Violations

Three Arrows Capital Said to Face Probes by US SEC, CFTC Over Investor Conduct Violations

ByNews Polite

Three Arrows Capital (3AC) is facing a probe by two US authorities in the wake of the firm’s bankruptcy. A recent report reveals that the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) are looking into potential investor conduct violations by Three Arrows. The regulators are explicitly…

FTX Crypto Exchange Plans Partial Bailout of Bankrupt Voyager’s Customers

FTX Crypto Exchange Plans Partial Bailout of Bankrupt Voyager’s Customers

ByNews Polite

FTX said on Friday it was planning to offer Voyager Digital’s customers access to some of their funds, the latest relief measure by the Sam Bankman-Fried-led cryptocurrency exchange for the ailing crypto industry. Under the plan, Alameda Ventures, the trading firm also founded by Bankman-Fried, would purchase all of Voyager’s…

Crypto Lender Voyager Digital Suspends Withdrawals, Trading, Deposits to Its Platform

Crypto Lender Voyager Digital Suspends Withdrawals, Trading, Deposits to Its Platform

ByNews Polite

Crypto lender Voyager Digital said on Friday it has suspended withdrawals, trading and deposits to its platform and said it is exploring strategic alternatives to preserve the value of its platform. The move comes days after the company issued a default notice to embattled hedge fund Three Arrows Capital (3AC)…