(Reuters) – Crypto hedge fund Three Arrows Capital (3AC), which filed for bankruptcy in July, is under investigation by the Commodity Futures Trading Commission and the Securities and Exchange Commission over whether it misled investors, Bloomberg News reported on Monday.

Regulators are investigating whether the Singapore-based fund overstated the strength of its balance sheet and failed to register with authorities, the report said, citing two people familiar with the matter.

The probe is probably…