Danielle Faul

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    Invictus Capital

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

    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.