• Home
    • Articles
    • $135M offshore crypto fund group Invictus Capital suspends redemptions, attempts to re-organize

    $135M offshore crypto fund group Invictus Capital suspends redemptions, attempts to re-organize

    Invictus Capital

    Citing exposure to the UST stablecoin and Celsius Network ‘bank’, crypto fund operator Invictus Capital, which was set up by South Africans and claims to have more than $135 million under management in investment funds in the Cayman Islands and British Virgin Islands, has suspended redemptions and is attempting to re-organize under the oversight of voluntary liquidators appointed for its Cayman parent company.