Three Arrows Capital Liquidators Sue TerraForm Labs for $1.3 Billion: Report

3AC liquidators allege TerraForm Labs manipulated the Luna and TerraUSD markets, leading to artificially inflated prices.

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3AC-linked wallet bought NFT for $59K due to 3-year-old offer that wasnt canceled

Arkham data shows that a wallet belonging to failed hedge fund 3AC spent $59,000 on the Neon Village NFT from artist Seerlight.

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3AC wallet buys NFT with 3-year-old offer, zkSync denies insider minting claims: Nifty Newsletter

A wallet owned by the bankrupt hedge fund Three Arrows Capital purchased an NFT via a three-year-old offer.

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Teneo Deposits 1.035M STRK To Binance Amid 3AC Liquidation Efforts

In the latest development surrounding the liquidation of Three Arrows Capital (3AC), Teneo, the appointed liquidator, has made significant moves with their STRK holdings.  Over the past 24 hours, Teneo deposited another 1.035 million STRK tokens to Binance, valued at approximately $1.25 million at a price of $1.202 per token. […]

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Kyle Davies Says He Is Unapologetic About the Collapse of Three Arrows Capital (3AC)

Davies claimed he is currently in Europe and would not return to Singapore immediately to avoid serving a four-month prison sentence like Su did.

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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.

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OPNX Reveals Venture Capital Backers

OPNX, a new exchange allowing traders to buy and sell claims against bankrupt firms, has revealed its venture capital backers, including AppWorks, Susquehanna, DRW, MIAX Group, China Merchant Bank International, and Token Bay Capital. The exchange has faced criticism due to its association with the bankrupt 3AC hedge fund, but the company claims it will help make customers of failed crypto ventures whole again. (Read More)

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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.

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Open Exchange Led by 3AC Founders Raises $25 Million Funding

In a very contentious move, the creators of the “Open Exchange” (OPNX) have raised $25 million without publicly disclosing their

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3AC Founders’ Open Exchange Completes Its $25 Million Fundraise

3AC’s founders provide more details on how their exchange for crypto bankruptcy claims will work.

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Illuvium Community Blocks NFT Event Over Controversial Figure

Illuvium's community utilized its decentralized autonomous organization (DAO) to block an NFT event between Illuvium CEO Kieran Warwick and Three Arrows Capital founder Su Zhu. Due to controversies surrounding Zhu, Illuvium's community expressed concerns over the potential risks of being associated with him. The DAO then voted unanimously to cancel the event to avoid any association with Zhu. (Read More)

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Blockchain.com’s Assets Not For Sale, Spokesman Says

Blockchain.com, a crypto exchange and financial services platform has dismissed the claims to sell assets or subsidiaries. According to the Blockchain.com’s spokesperson, the firm is [...]

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Highly Criticized ‘GTX’ Startup Officially Announced as ‘Open Exchange’

Zhu Su and Mark Lamb’s new crypto exchange will let harmed creditors to bankrupt crypto firms trade on their claims.

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Three Arrows Capital (3AC) Ignores Twitter Subpoenas, Liquidators Furious

Crumpler & Farmer embark on a quest for 3AC's founders, but they're too busy setting up a new exchange.

Continue reading Three Arrows Capital (3AC) Ignores Twitter Subpoenas, Liquidators Furious at DailyCoin.

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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 [...]

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CoinFLEX Attempts to Clarify GTX Story After Being Met With Derision

The leadership of CoinFLEX and 3AC wanting to give the crypto market another shot was understandably met with raised eyebrows and not much else.

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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.

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Founders of Insolvent Three Arrows Starting New Exchange ‘GTX’

As per reports, Su Zhu and Kyle Davies, the founders of the insolvent cryptocurrency hedge fund Three Arrows Capital (3AC)

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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...

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Three Arrows Capital Founders Ordered by Liquidators on Twitter to Provide Documents

Su Zhu and Kyle Davies have been issued subpoenas to “furnish all documents available” to them.

Continue reading Three Arrows Capital Founders Ordered by Liquidators on Twitter to Provide Documents at DailyCoin.com.

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