Su Zhu News
21.04 / 19:31
business
Trading
Venture Capital
Bankruptcy
3AC founders' OPNX exchange claims to be funded by AppWorks, SIG, MIAX Group
OPNX, an exchange jointly founded by members of the Three Arrows Capital (3AC) and Coinflex teams, has revealed the venture capital firms purportedly backing it. An April 21 video posted by the company featured CEO Leslie Lamb thanking some of the major backers of the project, including AppWorks, Susquehanna (SIG), DRW, MIAX Group, China Merchant Bank International, and Token Bay Capital.
19.04 / 21:57
business
Art
NFT
Auction
Digital Asset
Sotheby's will auction off part of 3AC's digital art collection
Sotheby’s auction house said it will be selling off a digital artwork collection formed as part of collapsed crypto hedge fund Three Arrows Capital, or 3AC.
04.04 / 15:41
business
hedge fund
Backed
Crypto exchange backed by 3AC founders launches with claims trading plans
Su Zhu and Kyle Davies, founders of the collapsed hedge fund Three Arrows Capital (3AC), have announced the launch of the crypto project Open Exchange, or OPNX.
24.03 / 06:19
business
regulation
Marketplace
Court
Bankruptcy
hedge fund
3AC co-founder can answer subpoena or 'take his chances' — US judge
Kyle Davies, the co-founder of bankrupt crypto hedge fund Three Arrows Capital, has been ordered to answer the subpoena issued to him in January or risk being held in contempt of court.
08.03 / 20:35
Three Arrows Capital
Three Arrows Capital Founders Shake Up Crypto Industry with New Crypto Exchange After Acquiring CoinFLEX Assets – Here's What You Need to Know
Su Zhu and Kyle Davies, the two founders of the bankrupt crypto hedge fund Three Arrows Capital (3AC), have completed a funding round for their new OPNX exchange and will acquire remaining assets from the troubled exchange CoinFLEX.
08.03 / 00:01
business
Bankruptcy
approved
CoinFLEX restructuring approved in Seychelles as rebranding reportedly continues
Crypto investment platform CoinFLEX has received approval for its restructuring plan from the courts in Seychelles, the company announced March 7 on its blog.
07.03 / 11:53
Blockchain
cryptocurrency
Provident
NASDAQ
Platform
tracking
Tracking crypto funding: Top 7 projects raising capital in a bear market
Despite the prevailing high-interest rates and bearish market sentiment, Venture Capital (VC) funding has continued to flow to the crypto industry.
28.02 / 14:51
UPS
NFT
CEO
Platform
Three Arrows Capital NFTs are About to be Sold Off by the Liquidator
Some of the non-fungible tokens (NFTs) once held by bankrupt Singaporean crypto hedge fund Three Arrows Capital (3AC) will be put up for sale as part of efforts to retrieve funds for its creditors, according to the failed company’s liquidators.
28.02 / 11:57
NFT
DAO
GameFi
Blockchain Game
Illuvium
Illuvium DAO blocks NFT pack-opening event involving 3AC founder Su Zhu
The community supporting Illuvium, an interoperable blockchain game, has demonstrated the power of decentralized autonomous organizations (DAOs) after blocking a scheduled nonfungible token (NFT) pack-opening event between Illuvium CEO Kieran Warwick and Three Arrows Capital (3AC) founder Su Zhu.
28.02 / 01:05
Twitter
Digital
Action
NFTs belonging to bankrupt hedge fund to be sold by liquidators
According to a recent statement, the nonfungible tokens (NFTs) that belonged to the failed hedge firm Three Arrows Capital (3AC) would be liquidated by its liquidators, Teneo.
10.02 / 18:39
Three Arrows Capital
Founders of Failed Three Arrows Capital Launch Trading Platform for Bankruptcy Claims – Here's What You Need to Know
Su Zhu and Kyle Davies, the two founders of now-bankrupt crypto hedge fund Three Arrows Capital, has launched a new platform for trading in crypto-related bankruptcy claims.
08.02 / 23:29
Law
regulation
Bankruptcy
hedge fund
Lawyers
NOT
3AC founder has 'chosen to ignore his duties' by not responding to subpoena, say bankruptcy lawyers
Three Arrows Capital founder Kyle Davies has not responded to a subpoena issued over Twitter aiming to gather information related to the firm’s assets.
17.01 / 15:17
UPS
Want to Buy Distressed Crypto Assets? 3AC Founders May Be Creating an Exchange For That Called GTX
The founders of now-bankrupt crypto hedge fund Three Arrows Capital and troubled crypto exchange CoinFlex have teamed up to create a new exchange focused on the claims of failed crypto projects.
16.01 / 19:39
business
3AC, Coinflex founders collaborating to raise $25M for new claims trading exchange
Founders of collapsed crypto hedge fund Three Arrows Capital Su Zhu and Kyle Davies are reportedly trying to raise money for a new cryptocurrency exchange in partnership with Coinflex cofounders Mark Lamb and Sudhu Arumugam. According to a pitch deck, they are looking to raise $25 million.
11.01 / 01:31
business
Blockchain
Stablecoin
Fraud
Albright Capital drops lawsuit against Terraform Labs and Do Kwon
Albright Capital has dropped its lawsuit against Terraform Labs and its founder Do Kwon, according to a Notice of Voluntary Dismissal filed in U.S. District Court on January 9. Before its dismissal, the lawsuit had alleged that the company had violated the Racketeer Influenced and Corrupt Organizations Act (“RICO”) by operating the stablecoin, UST, as a “Ponzi scheme.”
06.01 / 16:59
Blockchain
regulation
Singapore’s lobbyists oppose proposed blanket ban on lending crypto tokens
A crypto lobbying group based in Singapore has voiced its opposition to the proposal from the central bank to prohibit crypto firms from lending crypto tokens.
03.01 / 11:41
business
regulation
FTX
Digital Currency Group
Terra
Su Zhu gets called out by the community as he fires off accusations against DCG
As liquidity issues surround the Digital Currency Group (DCG), Three Arrows Capital (3AC) founder Su Zhu made a Twitter thread containing allegations against DCG and FTX. However, the founder immediately got called out by the crypto community for blaming others and not taking accountability.
07.12 / 10:47
business
regulation
Court
Bankruptcy
Terra Luna
3AC subpoenas issued as dispute grows over claims of Terraform dump
A federal judge overseeing Three Arrows Capital’s (3AC’s) bankruptcy proceedings has signed an order approving subpoenas to be delivered to 3AC’s former leadership, including co-founders Su Zhu and Kyle Davies.
28.11 / 10:09
business
Twitter
Fraud
Bankruptcy
Three Arrow’s Su Zhu reveals latest attempts at a comeback post-FTX
Three Arrows Capital co-founder Su Zhu looks like he may be attempting a comeback amid the fallout over FTX and Sam Bankman-Fried — seen by some as the crypto industry’s newest supervillain.
18.10 / 09:31
Twitter
Three Arrows liquidators seek court permission to subpoena crypto hedge fund’s missing founders over Twitter
The founders of Three Arrows Capital might find a surprise the next time they open Twitter: subpoenas from court-appointed liquidators unwinding the failed cryptocurrency hedge fund.
18.10 / 07:45
business
Law
Bankruptcy
3AC liquidators seek ‘alternative means’ to subpoena missing founders
Liquidators for Three Arrows capital (3AC) have asked a U.S. court to grant them permission to subpoena the embattled crypto hedge fund's founders through “alternative means.”
facts about Su Zhu
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