Shima Capital's Rapid Ascension and Compliance Challenges
Thursday, 6 June 2024, 12:30
Former MIT Educator's Crypto Venture Raises Eyebrows
Shima Capital, led by a former educator at MIT and Morgan Stanley alum, garnered significant investments for its $200 million crypto fund. Despite high-profile backers like Bill Ackman and Galaxy, the firm's compliance practices have come under scrutiny. An investigation from the SEC looms large, potentially threatening the fund's future and reputation.
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