Sudhu Arumugam News

17.01 / 02:31

business Law Investments CoinFLEX clarifies position on possible new 3AC project amid backlash

Amid mounting criticism on social media, crypto investment firm CoinFLEX has attempted to clarify its plans to build a new crypto exchange with Three Arrows Capital (3AC).

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.

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.

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.

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.

30.07 / 16:53

COST Provident COMPOSITE FLEX CoinFLEX: Amid liquidity crisis, the cryptocurrency exchange had this to say

In a recent announcement dated 29 July, co-founders of CoinFLEX, Sudhu Arumugam and Mark Lamb, provided an important update. The updated surrounded what the cryptocurrency exchange had been up to manage its current liquidity crisis in the last week. This update came a month following the suspension of withdrawal on the exchange as a result of a liquidity crisis. The organization cited “extreme market conditions and continued uncertainty involving a counterparty.”

12.07 / 03:47

UPS FLEX NOT CoinFLEX users are not in the clear- Fresh concerns hot off the press

In a recent announcement dated 9 July, co-founders of CoinFLEX, Sudhu Arumugam and Mark Lamb outlined steps they intend to take in order to help the exchange out of its current liquidity crisis.

11.07 / 13:07

Action FLEX CoinFLEX to Sue Robert Ver to Recover $84m Outstanding Debt

CoinFLEX, a Hong Kong-based physical futures crypto exchange, announced last Saturday that it has taken legal action to recover $84 million from a single long-term serving client.

11.07 / 06:23

business Liquidity Funding recovery Withdrawals open CoinFLEX to begin arbitration for $84 million recovery and open limited withdrawals

Crypto investment platform CoinFLEX is moving forward with its plan to reclaim $84 million in funds by starting arbitration procedures in Hong Kong against an individual account holder.

facts about Sudhu Arumugam

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