The US National Futures Association (NFA) imposed a $150,000 fine on crypto fund Ikigai Strategic Partners for misusing a Bitcoin loan, according to a panel decision on Aug. 20. The fine results directly from the broader financial turmoil that hit the crypto sector after FTX’s dramatic downfall in 2022. This event exposed vulnerabilities within the crypto market. It also prompted regulatory bodies like the NFA to extend their oversight into previously less-regulated areas. Ikigai Strategic is accused of allowing the Ikigai Opportunities Master Fund Ltd. to improperly move assets. The complaint also stated that Ikigai used Bitcoin from its main fund as collateral.
Check out the hashd app. It gives you important crypto news and updates in short, simple and easy to read slides. Amazing!
Android: https://links.hashd.co/android
Comentários