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CATEGORY: 3ac


Apr 24, 2023 05:50

OPNX CEO scolds claimed backers after they deny investing in the firm

A number of supposed Open Exchange (OPNX) investors have been blasted by the CEO of the crypto claims trading platform after some publicly distanced themselves from the project after being named as backers. On April 22, OPNX’s CEO Leslie Lamb tweeted that the behavior of the firms was “disgusting” and “disappointing” saying they “want all [...]

The post OPNX CEO scolds claimed backers after they deny investing in the firm appeared first on Crypto Breaking News.

Mar 24, 2023 05:50

3AC co-founder can answer subpoena or ‘take his chances’ — US judge

Kyle Davies, co-founder of bankrupt crypto hedge fund Three Arrows Capital (3AC), has been ordered to answer the subpoena issued to him in Januaryor risk being held in contempt of court. The Jan. 5 subpoena was issued to Davies via Twitter by a New York bankruptcy court, instructing Davies to provide 3AC’s liquidators with documents [...]

The post 3AC co-founder can answer subpoena or ‘take his chances’ — US judge appeared first on Crypto Breaking News.

May 21, 2023 01:25

Luxury Auction House Sotheby’s Sells Portion of 3AC’s NFT Collection for $2.5 Million

Sotheby’s, the luxury auction house, successfully generated $2.5 million through the sale of non-fungible tokens (NFTs) from the now-defunct crypto hedge fund Three Arrows Capital (3AC). Among the sold pieces was Fidenza #725, a digital collectible crafted by the artist Tyler Hobbs. This Fidenza #725 NFT commanded an auction price of over $1 million during

The post Luxury Auction House Sotheby’s Sells Portion of 3AC’s NFT Collection for $2.5 Million appeared first on BTC Ethereum Crypto Currency Blog.

3AC co-founders launch marketplace to trade crypto claims

Author: Oluwapelumi Adejumo
United States
Feb 10, 2023 01:10

3AC co-founders launch marketplace to trade crypto claims

Founders of bankrupt crypto hedge fund Three Arrows Capital founders Zhu Su and Kyle Davies, in collaboration with CoinFLEX co-founders, have launched the “first public marketplace for crypto claims” Open Exchange.

The post 3AC co-founders launch marketplace to trade crypto claims appeared first on CryptoSlate.

Feb 08, 2023 06:35

3AC Founder Accused Of Obstructing Court Orders

Three Arrows Capital (3AC) founder Kyle Davies has been accused of defying court orders after he refused to comply with a subpoena. Kyle Davies accused [...]

Voyager victim calls for trustee to seize control of the estate

Author: Cointelegraph By Luke Huigsloot
United States
Feb 02, 2023 08:20

Voyager victim calls for trustee to seize control of the estate

The 120-page motion came from a creditor who asked for the appointment of a chapter 11 trustee citing alleged fraud and incompetence at Voyager.

Jan 17, 2023 07:50

Three Arrows Capital (3AC) Founders Raise $25M for New GTX Crypto Exchange

Three embattled entrepreneurs are dying to raise $25M for GTX, a new platform based on battle-tested technology.

Continue reading Three Arrows Capital (3AC) Founders Raise $25M for New GTX Crypto Exchange at DailyCoin.com.

Jan 17, 2023 08:50

CoinFLEX partners with 3AC to raise funds for its new exchange platform

3AC (Three Arrows Capital Ltd.), a hedge fund established in 2012, and CoinFLEX, a crypto Futures, and Lending exchange shook

Jan 16, 2023 06:00

3AC Founders Want to Launch a New Crypto Exchange

Su Zhu and Kyle Davies want to tap into the ballooning crypto claims market by launching their own exchange. The crypto community is not impressed. GTX Three Arrows Capital is...

Jan 18, 2023 10:35

3AC, Coinflex Founders Raise $25M For Claims Trading Exchange


The creators of bankrupt crypto hedge firm 3AC are raising funds for a new cryptocurrency exchange. Their pitch deck seeks $25 million. Presentations call the new exchange GTX. On June 27, 3AC went bankrupt, and Su and Davies disappeared. (Read More)

Jan 11, 2023 07:50

DCG Never Had a Relationship With 3AC – CEO Barry Silbert

Barry Silbert clarified details of its relations with bankrupt crypto hedge fund Three Arrows Capital (3AC) and Genesis Global Capital.

Continue reading DCG Never Had a Relationship With 3AC – CEO Barry Silbert at DailyCoin.com.

Jan 03, 2023 02:50

3AC founder Zhu Su alleges DCG and FTX caused the fall of LUNA and STETH | Invezz

Seven months down the line, 3AC founder, Zhu Su, has come out openly to blame Digital Currency Group (DCG), the parent firm behind Grayscale Investments and Genesis Trading, for the collapse of Terra. Last year saw some of the most dramatic collapses in the history of cryptocurrencies. It all started with the collapse of Terra ... Read more

<p>The post 3AC founder Zhu Su alleges DCG and FTX caused the fall of LUNA and STETH | Invezz first appeared on CCNC.</p>

Jan 03, 2023 10:50

3AC’s Zhu Su Blames FTX & DCG For Terra’s Fiasco

Zhu Su, CEO of the defunct hedge fund Three Arrow Capital or 3AC, has taken to Twitter to pin blame on venture capital firm Digital Currency Group [DCG] and FTX for Terra’s fallout. In the series of tweets, the co-founder of the Singapore-based firm alleged that DCG and FTX hatched an elaborate plan to attack […]

Dec 31, 2022 03:10

Lesser Evil? Terra and FTX’s Role in Bringing Down the Crypto Market

Terra-Luna and FTX's demise had tremendous impact on the virtual assets sector since numerous firms were dependent on them.

Continue reading Lesser Evil? Terra and FTX’s Role in Bringing Down the Crypto Market at DailyCoin.com.

Bitcoin bears well positioned for Friday's $2.5 billion options expiry

Author: Cointelegraph By Marcel Pechman
United States
Dec 28, 2022 04:45

Bitcoin bears well positioned for Friday's $2.5 billion options expiry

BTC bears are outnumbered based on open interest volume, but bulls' hopes of $20,000 before 2023 have already been hampered.

Dec 22, 2022 10:10

Gemini Founders Seek Path To Recover Funds

Gemini co-founder Cameron Winklevoss has said that the global investment bank Houlihan Lokey has structured a plan on behalf of a committee of creditors targeted [...]

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