The legal net is tightening on crypto projects that went under during the crypto crash, with the news that the U.S. Office of Trustee within the Department of Justice is seeking an independent examiner to look into the collapse of FTX. Separately, a Singapore court has ordered Three Arrows Capital to provide key financial documents relating to their firm’s liquidation. And one of Terra’s co-founders was in court this week as prosecutors sought his arrest for allegedly extracting illegal profits prior to Terra’s collapse.
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“BUIDL HERE” is an intentional misnomer of “Build Here” and is not just an invitation to those seeking to build businesses on the island: it is also a call to arms to those already here to contribute in any way, big or small, as well as a cry of encouragement for the diaspora to comeback.
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