SEC, CFTC launch investigation into bankrupt crypto fund Three Arrows Capital: report

Two key US regulators are reportedly investigating bankrupt crypto hedge fund Three Arrows Capital (3AC).

According to anonymous sources reported by Bloombergthe Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) are looking for now whether the fund “broke rules by misleading investors about the strength of its balance sheet and not registering with the agencies.”

The Singapore-based fund that began active trading…