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Hedge Funds Such As Tyr Capital Are Slashing Binance Positions Due To Regulatory Concerns

Mary Liu

Summary: According to a report from Financial Times, due to the current regulatory pressure facing by Binance, hedge funds such as Tyr Capital and ARK36 have significantly reduced their positions in Binance.  Ed Hindi, the co-founder of Tyr Capital, claimed that in the case of global regulators cracking down on the main crypto exchange, this move is ...

According to a report from Financial Times, due to the current regulatory pressure facing by Binance, hedge funds such as Tyr Capital and ARK36 have significantly reduced their positions in Binance. 

Ed Hindi, the co-founder of Tyr Capital, claimed that in the case of global regulators cracking down on the main crypto exchange, this move is designed to protect investors from unknown events.

By Mary Liu

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