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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Crumpler & Farmer embark on a quest for 3AC's founders, but they're too busy setting up a new 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...
Su Zhu and Kyle Davies have been issued subpoenas to “furnish all documents available” to them.
Still on the run from liquidators, 3AC executives found the perfect scapegoat in Sam Bankman-Fried.
The bankruptcy judge has given approvals to subpoenas aimed at Three Arrows Capital’s leadership, while a new Terra Luna conspiracy has been floated.
The fall of FTX appears to have brought back certain crypto "villains” out from hiding, one even wants to start a new podcast series.
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.
How much can the liquidators retrieve from 3AC’s sunken ship?
OPNX, a cryptocurrency exchange and bankruptcy claims platform, will cease operations by February 14, 2024, due to regulatory challenges and financial penalties. (Read More)
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 [...]
The post Subpoena Evasion: 3AC Asks Court to Fine Kyle Davies $10,000 Daily for Non-Compliance appeared first on Crypto Breaking News.
OPNX exchange has joked about its earlier low trading volume before experiencing a big surge in volume during the last 24 hours.
The afflicted Hodlnaut’s acquisition by 3AC: a new business opportunity or an attempt to save face?
OPNX crypto exchange has nothing to flex about a day since launch.
Zhu & Davies call the OPNX crypto platform “battle-tested”, presenting an uncanny solution for the $20bn crypto debt market.
3AC co-founders deliver a 'shadow recovery plan' they came up with while chilling in Bali. Liquidators are not impressed.
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 [...]
The post Kyle Davies to donate future OPNX earnings to 3AC creditors for ‘karma’ appeared first on Crypto Breaking News.
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
The post Bankruptcy Claims Exchange OPNX Issues New Governance Token, FLEX Rises 16% appeared first on BTC Ethereum Crypto Currency Blog.
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