Su Zhu News

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. 
07.08 / 10:37
Hodlnaut Crypto Exchange OPNX Crypto Exchange OPNX Bids to Take Over Hodlnaut in Singapore: Capital Injection of $30 Million Expected
OPNX, a digital asset exchange created by the founders of failed hedge fund Three Arrows Capital, has proposed a takeover of the struggling crypto lender Hodlnaut.
06.08 / 16:51
business defi Bankruptcy OPNX exchange bids for crypto lender Hodlnaut in Singapore: Report
Crypto lender Hodlnaut appears to have found a white knight investor to exit its bankruptcy proceedings. According to a Bloomberg report, OPNX exchange has made an offer to take over 75% of the company.
02.08 / 10:01
Platform Three Arrows Capital Courts Three Arrows Capital's Kyle Davies Declares Singaporean Residency to Avoid US Courts
Kyle Davies, co-founder of now-defunct crypto hedge fund Three Arrows Capital, has claimed that US courts don't have jurisdiction over him as he has renounced his American citizenship.
01.08 / 21:41
regulation Bankruptcy hedge fund 3AC co-founder rejects jurisdiction of bankruptcy court, claiming he renounced US citizenship
Kyle Davies, the co-founder of bankrupt crypto hedge fund Three Arrows Capital (3AC), has submitted documentation to court claiming he is fully a citizen of Singapore and not the United States.
11.07 / 02:13
regulation exchanges BitOasis Suspends Dubai crypto regulator suspends BitOasis crypto exchange license
Dubai’s cryptocurrency regulator has suspended the license of crypto exchange BitOasis for not meeting mandated conditions within the timeframes set out by the authority.
30.06 / 08:43
event Blockchain Conference Fashion Opinion Forget about price! Polkadot Decoded 2023 says bear markets are for building
The Polkadot Decoded 2023 conference just wrapped up and this year more than 100 speakers and 100 blockchain projects were in attendance. 
28.06 / 15:19
MET Digital Cooper Platform Fallout Luna Three Arrows Capital Founders Face $1.3 Billion Claim from Liquidators
The founders of the now-bankrupt crypto hedge fund Three Arrows Capital, also known as 3AC, are facing a $1.3 billion recovery claim from the fund’s liquidators.
27.06 / 15:49
business Bankruptcy hedge fund 3AC liquidators look to recoup $1.3B from founders
Teneo, the liquidators behind bankrupt hedge fund Three Arrows Capital (3AC), are reportedly seeking to recover roughly $1.3 billion in funds from founders Su Zhu and Kyle Davies.
21.06 / 18:13
business Venture Capital Terra Luna 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 Singaporean hedge fund Three Arrows Capital (3AC). 
16.06 / 03:22
business Art NFT Artists Auction Sotheby’s auctions off Dmitri Cherniak’s ‘The Goose’ NFT from 3AC collection for $6.2M
Sotheby’s auction house has sold a piece of digital artwork from the collection of collapsed crypto hedge fund Three Arrows Capital (3AC) for more than $6 million.
16.06 / 02:29
business hedge fund 3AC liquidators file motion to hold Kyle Davies in contempt
Three Arrows Capital (3AC) co-founder Kyle Davies should be held in contempt of court for ignoring a subpoena connected to bankruptcy proceedings, June 14 court filings from 3AC's creditor council show. According to 3AC's creditor counsel, Davies is purposely delaying asset recovery from the former crypto hedge fund.
11.06 / 09:29
Three Arrows Capital Bali Founders of Collapsed Crypto Fund, Three Arrows Capital, Turn to Bali and Shrooms
The founders of collapsed cryptocurrency hedge fund, Three Arrows Capital, have been living the high life in Bali after their company's failure last year. 
20.05 / 11:49
Blockchain NFT Bankrupt crypto Bankrupt crypto hedge fund 3AC’s NFT auction fetches $2.5M
The auction for parts of bankrupt Singaporean cryptocurrency hedge fund Three Arrows Capital’s (3AC) nonfungible tokens (NFT) collection fetched $2.5 million at its conclusion on May 19.
19.05 / 18:07
business Blockchain FTX Bankruptcy LedgerX MIAX completes acquisition of FTX subsidiary LedgerX
The Miami International Securities Exchange (MIAX), owned by Miami International Holdings, has completed the acquisition of LedgerX, which was one of the FTX assets court-approved for sale in January. LedgerX is an exchange and clearinghouse regulated by the United States Commodity Futures Trading Commission (CFTC). 
11.05 / 14:45
Twitter CEO Coindesk BitMEX Terra Luna Luna Su Zhu of Three Arrows Capital Gets Restraining Order Against Billionaire Arthur Hayes Amid Dispute
A Singapore court has granted the restraining order request by Three Arrows Capital (3AC) co-founder Su Zhu against BitMEX co-founder Arthur Hayes. 
10.05 / 18:51
Blockchain NFT surges elon Milady NFT floor price surges after Elon Musk tweet
On May 10, American business magnate Elon Musk tweeted a meme created using imagery from the Milady nonfungible tokens (NFT) collection. Shortly thereafter, the floor price of Milady NFTs spiked from 3.8 Ether (ETH) to as high as 7.3 ETH before falling to 5.69 ETH apiece at the time of publication.
03.05 / 09:55
Three Arrows Capital OPNX Three Arrows Capital Founders Face Dubai Regulator's Scrutiny Over New Unregulated Exchange OPNX
Dubai regulators are scrutinizing the co-founders of now-defunct crypto hedge fund Three Arrows Capital over their new unregulated digital asset exchange, OPNX. 
02.05 / 11:45
regulation hedge fund 3AC founders run into fresh trouble in Dubai over new exchange OPNX
The co-founders of failed crypto hedge fund Three Arrows Capital (3AC) — Su Zhu and Kyle Davies — have run into fresh trouble over operating and promoting their new digital-asset platform, Open Exchange or OPNX, without the required local license in Dubai.
24.04 / 01:51
business Twitter Venture Capital exchanges Bankruptcy OPNX CEO scolds claimed backers after some 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.

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