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bitcoin
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ethereum
Ethereum (ETH) $ 3,463.63
tether
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    HomeCrypto Finance

    3AC founders fined by Dubai regulator over OPNX change

    Crypto Finance
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    The founders of the collapsed digital asset hedge fund Three Arrows Capital (3AC) Kyle Davies and Su Zhu at the moment are going through a high quality issued by Dubai’s devoted crypto regulator over the OPNX change.

    On Aug. 16, Dubai’s Digital Asset Regulatory Authority (VARA) printed a discover of fines for the OPNX change. The regulator mentioned that it has issued a high quality of 10 million United Arab Emirates dirhams (round $2.7 million) for violations of its market rules and famous that the high quality stays unpaid.

    Excerpt of the doc posted by Dubai’s crypto regulator. Supply: VARA

    Proceed Studying on Coin Telegraph

    See also  Helium Community Efficiently Completes Migration to Solana
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