FTX's replacement CEO believes reviving the business could recover more value for customers than a liquidation of assets or sale of the platform.
January 25, 2023The revisions impose stronger corporate social responsibility obligations and require shareholders to make capital contributions if a company cannot repay its debts.
January 8, 2023Police say the two men falsely claimed AAX was undergoing "scheduled maintenance" to suspend user withdrawals. A third individual is said to be on the run.
December 26, 2022The rules adjust how contributions to the fund are calculated, so that they reflect each insurance company's risk level.
November 14, 2022The SEC and CFTC are reportedly looking into whether Three Arrows misled investors and violated rules by not registering its business.
October 19, 2022Euro Pacific Bank customers will recoup 100 percent of their deposits. Several hundred investigations are still underway globally over whether the bank was used for tax evasion.
September 17, 2022Investors can use assets such as gold and mutual fund units as collateral to meet margin calls rather than be forced out of positions.
July 20, 2022MAS said Three Arrows Capital exceeded its allowable AUM and gave the regulator a false representation. The company entered into liquidation this week.
July 1, 2022Currently only bank depositors are protected and customers of other types of deposit-taking financial institutions are not covered.
March 2, 2022Investors lost an estimated KRW 1.7 trillion. Lime Asset Management has a reported KRW 520 billion in debt, compared to just KRW 19 billion in assets, which will be liquidated.
February 24, 2022