Source of article: The Strait Times

Writer credits: Grace Leong

Spiralling asset prices amidst the crypto market blizzard has mortally impacted hedge fund Three Arrows Capital, crypto broker Voyager Digital, and the latest casualty, crypto lender Celsius Network.

The Singapore Straits Times has just published my views on the latest legal developments involving the liquidation of Three Arrows Capital.

It is important for all and sundry including bankruptcy courts and market regulators to fully understand how the big crypto players are imploding one by one. Factors that caused the 2008 global financial crisis would be useful reference.

I would recommend investors to read “FIREFIGHTING -THE FINANCIAL CRISIS AND ITS LESSONS” jointly written by Ben S. Bernanke, Timothy F. Geithner and Henry M. Paulson, JR.

CRYPTO WARS by Erica Stanford would also be useful reading for retail investors who are thinking of investing in cryptos.

My original post on LinkedIn is here.

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