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Three Arrows Liquidators Seek $30 Million From Superyacht (2)

Insolvency professionals overseeing the cleanup of defunct crypto hedge fund Three Arrows Capital said they have taken control of more than $35 million of hard currencies, seized more than 60 types of digital tokens and even sought $30 million from the sale of a superyacht named “Much Wow” as part of their recovery efforts.

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Former FDIC Chair Bair Says Regulators Must Crack Down on Crypto

Sheila Bair, former head of the Federal Deposit Insurance Corporation and now senior fellow at the Center for Financial Stability, discusses the need for more rigorous approach to the crypto currencies markets by regulators in the wake of the collapse of FTX and related entities. Bair speaks with Annabelle Droulers, Haidi Stroud-Watts and Shery Ahn on "Bloomberg Daybreak: Asia." (Excerpts)

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