Sources claim that 3AC co-founder Kyle Davies has been based in Bali for months as he continues to evade Singaporean authorities over the collapse of his failed hedge fund.
Category: bali
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‘Dealt with firmly’ — Bali governor issues warning to tourists using crypto
Cryptocurrency trading is legal in Indonesia, but the use of crypto in payments carries hefty penalties including jail time.
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CoFund tokenizes $10M hotel in Bali via Tokeny
The minimum purchase amount for the hotel’s tokenized ownership is $1,000.
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3AC Co-Founder Kyle Davies Fails to Respond to Liquidators’ Subpoena Despite Twitter Delivery
According to recent court filings, Kyle Davies, co-founder of the defunct cryptocurrency hedge fund Three Arrows Capital (3AC), has allegedly failed to respond to a subpoena from the firm’s current liquidators, despite it being sent via Twitter. Representatives from advisory company Teneo state that Davies continues to ignore his obligations to Three Arrows. 3AC Liquidators […]Powered by WPeMatico
Crackdown on Bitcoin Hits Businesses in Bali
Having issued a stark warning to “all parties” against any use of “virtual currency”, Bank Indonesia has now joined forces with local police to prevent bitcoin transactions where they are most likely to take place – in Bali. The island, a popular holiday destination with tourists spending both fiat and crypto, has been targeted by […]
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