Three Arrows Capital founders launch new VC fund

On June 21, OPNX exchange, a platform for trading claims against bankrupt crypto entities, announced a new ecosystem partner dubbed “3AC Ventures.” According to developers, “the partnership will invest in projects building in the OPNX ecosystem and working towards a decentralized future.” OPNX was founded by Su Zhu and Kyle Davies, who co-founded the now-bankrupt [...]

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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.

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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.

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Three Arrows Capital (3AC) Liquidators Chase MUCHWOW Yacht, Su Zhu Speaks Out

Still on the run from liquidators, 3AC executives found the perfect scapegoat in Sam Bankman-Fried.

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3AC subpoenas issued as dispute grows over claims of Terraform dump

The bankruptcy judge has given approvals to subpoenas aimed at Three Arrows Capital’s leadership, while a new Terra Luna conspiracy has been floated.

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Three Arrow’s Su Zhu reveals latest attempts at a comeback post-FTX

The fall of FTX appears to have brought back certain crypto "villains” out from hiding, one even wants to start a new podcast series.

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3AC liquidators seek ‘alternative means’ to subpoena missing founders

Advisory firm Teneo argued that standard methods to contact the Three Arrows Capital founders have failed, and is now looking for other ways to subpoena them.

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Three Arrows Capital (3AC) Liquidators Authorized To Launch Probe By Singapore Court

How much can the liquidators retrieve from 3AC’s sunken ship?

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Three Arrows' OPNX Announces Shutdown

OPNX, a cryptocurrency exchange and bankruptcy claims platform, will cease operations by February 14, 2024, due to regulatory challenges and financial penalties. (Read More)

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Subpoena Evasion: 3AC Asks Court to Fine Kyle Davies $10,000 Daily for Non-Compliance

In February, it was reported that Kyle Davies, the co-founder of Three Arrows Capital (3AC), faced allegations of evading subpoenas related to the collapse of the defunct Singapore cryptocurrency hedge fund. The current custodians of the 3AC estate are now pursuing a daily fine of $10,000 against him for his non-compliance with the New York [...]

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OPNX quips about its early dismal volume after reporting 90,000% surge

OPNX exchange has joked about its earlier low trading volume before experiencing a big surge in volume during the last 24 hours.

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3AC’s OPNX Acquiring Hodlnaut in Singapore Sets Off Backlash

The afflicted Hodlnaut’s acquisition by 3AC: a new business opportunity or an attempt to save face?

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Twitter Suspends OPNX Exchange Account, FLEX Plunges 13%

OPNX crypto exchange has nothing to flex about a day since launch.

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3AC Founders Launch OPNX Crypto Exchange While on the Run

Zhu & Davies call the OPNX crypto platform “battle-tested”, presenting an uncanny solution for the $20bn crypto debt market.

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Three Arrows Capital’s Recovery Plan Infuriates Liquidators

3AC co-founders deliver a 'shadow recovery plan' they came up with while chilling in Bali. Liquidators are not impressed.

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Kyle Davies to donate future OPNX earnings to 3AC creditors for ‘karma’

The co-founders of collapsed crypto hedge fund Three Arrows Capital (3AC) have pledged to donate a portion of earnings from their newest crypto venture to creditors who lost money in the fund’s 2022 collapse. In a July 3 Twitter Space, 3AC co-founder Kyle Davies said it would be “good karma” to “donate” the potential earnings [...]

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Bankruptcy Claims Exchange OPNX Issues New Governance Token, FLEX Rises 16%

Bankruptcy claims exchange OPNX has issued a new governance token dubbed "Open Exchange token" (OX), which is designed to reduce trading fees on the platform.The platform's existing native token, FLEX, surged by 16% after it was revealed in the whitepaper that FLEX can be converted for OX at a ratio of 1:100.OX is an ERC-20

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