Singapore says Three Arrows Capital provided 'false information'

Rule breaches by crypto hedge fund include managing excess assets

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With the crash of crypto prices, 3AC ran into difficulty paying its debts, and has reportedly fallen into liquidation. © Reuters

DYLAN LOH, Nikkei staff writer

SINGAPORE -- Singapore's central bank and financial regulator on Thursday called out troubled crypto hedge fund Three Arrows Capital, also known as 3AC or TAC, for "providing false information," as the firm sinks deeper into crisis amid a cryptocurrency rout.

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