News
Crypto hedge fund based in VI ordered by court to liquidate
VI CONSORTIUM
FREDERIKSTED, St Croix, USVI- Three Arrows Capital Limited, recently relocated from Singapore to the [British] Virgin Islands, was recently ordered by the Commercial Division of the Eastern Caribbean Supreme Court to liquidate, after creditors sued the cryptocurrency hedge fund for failure to repay its debts.
President Trump’s nominee for Treasury Sec under fire over ‘tax haven’
ROAD TOWN, Tortola, VI- While the Virgin Islands is hoping that President Donald J. Trump’s (R) Administration is more friendly to the off shore financial sector, his nominee for the post of Treasury Secretary Mr Steven T. Mnuchin, the post equivalent to our Financial Secretary, came under fire during his confirmation hearing a few days ago on the issue of so called tax havens.