Kyle Davies News

04.07 / 03:37

business regulation Liquidity Court Bankruptcy Future creditors 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.

23.03 / 00:59

LayerZero LayerZero CEO Accuses Kyle Davies of Seeking Full Treasury Allocation Before 3AC’s Collapse

LayerZero co-founder and CEO Bryan Pellegrino accused Kyle Davies, co-founder of the now-defunct Three Arrows Capital (3AC), of trying to persuade his firm to transfer its entire treasury shortly before the liquidation of 3AC on March 21.

20.03 / 19:13

Three Arrows Capital 3AC 3AC Co-Founder Kyle Davies Stands Firm, Won’t Apologize for Crypto Hedge Fund Bankruptcy

Kyle Davies, the founder of collapsed crypto hedge fund Three Arrows Capital (3AC) says he has nothing to apologize for in a new interview on the latest episode of Unchained.

04.01 / 16:40

markets UPS Action wellness Bitcoin Courts Court Freezes Over $1 Billion in Three Arrows Capital Assets

In the year 2022, Three Arrows Capital (3AC), which had previously been a well-known brand in the bitcoin hedge fund industry, was confronted with a catastrophic failure. This decrease was not simply a single occurrence; rather, it was a trigger in a chain of domino events that occurred, which caused the cryptocurrency market to be shaken. The court in the British Virgin Islands has taken quick action by freezing assets associated to the fund's founders, Su Zhu and Kyle Davies, as well as Davies' wife, Kelly Chen, with a potential value of up to $1.14 billion.

21.12 / 10:56

Cooper Three Arrows Capital 3AC country reports Court Freezes 3AC Co-Founders’ Assets Worth $1.14 Billion

A British Virgin Islands court has issued an order freezing approximately $1.14 billion in assets belonging to the co-founders of Three Arrows Capital (3AC).

25.11 / 00:59

CEO Action Software OPNX reports CoinFLEX Crypto Exchange Creditors Accuse Other Exchange OPNX of Wrongful Use of Assets

Creditors of the crypto derivatives exchange CoinFLEX are alleging that the newly established creditor claims marketplace OPNX, founded by bankrupt crypto hedge fund Three Arrows Capital (3AC) co-founders Kyle Davies and Su Zhu, wrongfully used CoinFLEX assets without their consent.

23.11 / 13:53

business Blockchain CoinFLEX creditors dissatisfied with restructuring to OPNX: Report

Some creditors of cryptocurrency futures exchange CoinFLEX are alleging that OPNX, a new crypto exchange established in part by Three Arrows Capital (3AC) co-founders Kyle Davies and Su Zhu, was created using CoinFLEX assets without their consent.

16.11 / 17:31

regulation Scams Fraud crimes 3AC co-founder Kyle Davies spotted in Bali, sources claim

Three Arrows Capital (3AC) co-founder Kyle Davies has reportedly been seen in Bali as he continues to evade authorities over the collapse of the defunct hedge fund.

16.11 / 17:01

Provident Cooper Citizens PINK show reports Three Arrows Capital Co-founder Kyle Davies Seen in Bali: Report

Kyle Davies, co-founder of collapsed cryptocurrency hedge fund Three Arrows Capital, has reportedly been spotted in Bali while he continues to escape arrest from Singaporean authorities.

08.11 / 14:19

business Europe European Union Bankruptcy OPNX gets EU spot crypto trading license in Lithuania

Crypto exchange OPNX has obtained a virtual asset service provider license (VASP) in Lithuania, allowing it to provide spot crypto exchange services throughout the European Union, according to a Nov. 8 announcement seen by Cointelegraph.

11.10 / 13:29

shares 3AC WOO Crypto Exchange Woo Plans to Repurchase Own Shares Acquired by 3AC – Report

Crypto exchange WOO has successfully recouped shares and tokens acquired by the failed hedge fund Three Arrows Capital (3AC), the exchange confirmed on Oct. 6.

05.10 / 15:17

3AC Singapore Police Officially Confirm “36-Year-Old Man” Arrested Connected to Crypto Hedge Fund 3AC

Cryptonews reported last week that Su Zhu, the co-founder of bankrupt crypto hedge fund Three Arrows Capital (3AC), has been arrested in Singapore. The local police have officially confirmed the arrest, responding to a Reuters query on Thursday.

04.10 / 19:23

business hedge fund Terra Luna Su Zhu's $36M mansion transformed into eco-farm post-3AC collapse: Report

Crypto businessman and fugitive Su Zhu's $36 million luxury real estate in Singapore has been converted into an eco-farm.

29.09 / 23:11

Arrest Bankruptcy 3AC 3AC’s Su Zhu Apprehended in Singapore on Flee Attempt

Su Zhu the founder of bankrupt crypto hedge fund, Three Arrows Capital has been arrested in Singapore while embarking on an attempt to flee according to reports.

29.09 / 18:41

Cooper Luna country gossips Three Arrows Capital co-founder Zhu apprehended in Singapore

Three Arrows Capital co-founder Su Zhu was apprehended in Singapore while trying to leave the country on Friday.

29.09 / 15:35

business hedge fund 3AC’s Su Zhu arrested in Singapore

The co-founder of Three Arrows Capital (3AC), Su Zhu, was arrested in Singapore when attempting to leave the country, Cointelegraph has learned from Teneo, the joint liquidator of the bankrupt hedge fund.

19.09 / 14:17

Twitter Digital FLEX OPNX’s $30 million Hodlnaut bid spurned due to ‘illiquid’ token

The interim judicial managers of embattled crypto lender Hodlnaut have opposed the takeover terms from OPNX, a digital asset exchange associated with the founders of failed hedge fund Three Arrows Capital.

19.09 / 13:37

regulation lending Court Bankruptcy Bitcoin OPNX’s $30M Hodlnaut bid rejected as FLEX token plummets 90%: Report

The interim judicial managers of the collapsed cryptocurrency lender Hodlnaut have reportedly rejected the latest buyout deal amid the settlement token plummeting 90%.

14.09 / 04:57

3AC Financial Monetary Authority of Singapore Bans 3AC Founders From Engaging in Financial Markets

Singapore's central bank, the Monetary Authority of Singapore (MAS), has barred the founders of Three Arrows Capital, Zhu Su and Kyle Livingston Davies from participating in financial markets within the city-state for a period of nine years.

14.09 / 03:59

business Law Singapore's central bank slugs Three Arrows founders with 9-year ban

The Monetary Authority of Singapore (MAS) has issued a nine-year prohibition order to Three Arrows Capital (3AC) founders Kyle Davies and Zhu Su over alleged violations of the country's securities laws.

16.08 / 17:31

Action FLEX Dubai Fines Co-Founders of Failed Three Arrows Capital Over New Exchange OPNX

Dubai’s Virtual Assets Regulatory Authority (VARA) has slapped failed 3AC co-founders with a massive $2.7 million fine against their new crypto project OPNX.

16.08 / 13:15

Blockchain regulation 3AC founders fined by Dubai regulator over OPNX exchange

The founders of the collapsed digital asset hedge fund Three Arrows Capital (3AC) Kyle Davies and Su Zhu are now facing a fine issued by Dubai’s dedicated crypto regulator over the OPNX exchange.

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