2 / 2 Relevant items tagged with #3AC

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Dmitri Cherniak's 'The Goose' NFT Sells at Sotheby's Auction for $5.4M

[Jun 15, 2023 2:26 PM] The NFT was purchased by 3AC co-founders Su Zhu and Kyle Davies in August 2021 for about 1,800 ETH – worth roughly $5.8 million at the time.

Voyager app set to reopen for customer withdrawals as soon as June 20

[Jun 14, 2023 11:40 PM] Customers will soon be able to load up the Voyager app and see how much will be available for withdrawal.

Maybe Bitcoin didn’t bottom? SEC lawsuit against Binance shakes BTC bulls’ confidence

[Jun 5, 2023 3:25 PM] Bitcoin’s price dropped to $25,500 after the SEC announced a lawsuit against Binance and Changpeng Zhao, a move which also has BTC bulls wondering if the bottom is truly in.

Nifty News: Pixel Penguin accused of ‘charity rug,’ Epic adds new NFT games and more

[Jun 1, 2023 12:11 AM] Epic Games is planning to list NFT games on its store, while the second 3AC NFT auction is slated to take place this month at Sotheby’s.

Sotheby's Second 3AC NFT Auction Includes Landmark Dmitri Cherniak Work

[May 31, 2023 8:02 AM] "The Goose" by the generative artist was purchased by 3AC co-founders Su Zhu and Kyle Davies in August 2021 for about $5.8 million.

Luxury Auction House Sotheby’s Sells Portion of 3AC’s NFT Collection for $2.5 Million

[May 21, 2023 1:30 AM] Sotheby’s, the luxury auction house, successfully generated $2.5 million through the sale of non-fungible tokens (NFTs) from the now-defunct crypto hedge fund Three Arrows Capital (3AC). Among the sold pieces was Fidenza #725, a digital…

Bankrupt crypto hedge fund 3AC’s NFT auction fetches $2.5M

[May 20, 2023 5:37 AM] Three Arrows Capital is currently undergoing bankruptcy proceedings and owes an estimated $3.5 billion to creditors.

Sotheby's Auctions Part of 3AC's Rare NFT Collection, Bringing In $2.4 Million

[May 19, 2023 7:26 PM] NFTs on the auction block this round included Tyler Hobbs’ Fidenza #725, Dmitri Cherniak’s Ringers #375, Autoglyph #187 and CryptoPunk #1326.

Three Arrows Founder Su Zhu Obtains Singapore Restraining Order Against Arthur Hayes Over 'Harassment'

[May 10, 2023 4:22 AM]

3AC Founders’ OPNX Exchange Formally Reprimanded by Dubai Crypto Regulator

[May 2, 2023 4:12 AM] The action by the Virtual Assets Regulation Authority targeting Kyle Davies, Su Zhu and others follows two cease-and-desist letters for operating an unregulated exchange.

OPNX CEO scolds claimed backers after some deny investing in the firm

[Apr 23, 2023 7:16 PM] OPNX chief Leslie Lamb called out a number of venture capital firms on Twitter after some rushed to distance themselves from the company.

Sotheby's Auctioning Rare NFTs From 3AC's Seized Collection

[Apr 19, 2023 12:54 PM] The auction house said that 3AC's Grails collection includes "some of the most significant digital artworks ever assembled."

3AC co-founder can answer subpoena or 'take his chances' — US judge

[Mar 23, 2023 8:57 PM] The U.S. judge presiding over the Three Arrows Capital bankruptcy case has upped the pressure on Kyle Davies to comply with a January-issued subpoena.

DCG losses top $1B on the back of 3AC collapse in 2022

[Feb 27, 2023 5:55 PM] The crypto conglomerate reported that falling crypto prices and the fallout from Three Arrows Capital’s loan default to Genesis affected its results.

3AC NFTs Sale To Commence Soon Due to Liquidation

[Feb 24, 2023 3:10 AM] The liquidators of Three Arrow Capital (3AC), a prominent digital asset management firm, have announced plans to sell the company’s non-fungible tokens (NFTs) to realize value amid bankruptcy proceedings. 3AC is a Singapore-based digital…

Three Arrows Capital Co-Founder Announces New Crypto Venture Open Exchange Amid Bankruptcy Controversy

[Feb 10, 2023 11:30 AM] Following the recent court filing from liquidators for Three Arrows Capital (3AC) claiming frustration with the 3AC co-founders for allegedly failing to respond to subpoenas sent via Twitter. Su Zhu, one of the co-founders, recently tweeted about…

3AC Co-Founder Kyle Davies Fails to Respond to Liquidators’ Subpoena Despite Twitter Delivery

[Feb 8, 2023 12:30 PM] According to recent court filings, Kyle Davies, co-founder of the defunct cryptocurrency hedge fund Three Arrows Capital (3AC), has allegedly failed to respond to a subpoena from the firm’s current liquidators, despite it being sent via…

Voyager victim calls for trustee to seize control of the estate

[Feb 2, 2023 12:15 AM] The 120-page motion came from a creditor who asked for the appointment of a chapter 11 trustee citing alleged fraud and incompetence at Voyager.

Gemini Co-Founder Accuses Digital Currency Group of Misrepresentation, Demands CEO Resignation

[Jan 10, 2023 12:30 PM] Gemini CEO Cameron Winklevoss has published another open letter on Twitter, addressed to the board members of Digital Currency Group (DCG). In the letter, Winklevoss accuses DCG and CEO Barry Silbert of making poor decisions with the now-defunct…

‘Everything bubble’ bursts: Worst year for US stocks and bonds since 1932

[Dec 29, 2022 8:45 PM] While the crypto markets have taken a bashing in 2022, it hasn’t exactly been rosy for US stocks, bonds and real estate either.

Bitcoin bears well positioned for Friday's $2.5 billion options expiry

[Dec 28, 2022 7:26 AM] BTC bears are outnumbered based on open interest volume, but bulls' hopes of $20,000 before 2023 have already been hampered.

Realized losses from FTX collapse peaked at $9B, far below earlier crises

[Dec 14, 2022 9:47 PM] Weekly-realized losses peaked at $20.5 billion when Terra Luna (LUNC) imploded and reached $33 billion when 3AC and Celsius collapsed, according to Chainalysis.

3AC subpoenas issued as dispute grows over claims of Terraform dump

[Dec 7, 2022 12:54 AM] The bankruptcy judge has given approvals to subpoenas aimed at Three Arrows Capital’s leadership, while a new Terra Luna conspiracy has been floated.

Three Arrow’s Su Zhu reveals latest attempts at a comeback post-FTX

[Nov 28, 2022 12:27 AM] The fall of FTX appears to have brought back certain crypto "villains” out from hiding, one even wants to start a new podcast series.

Why is Bitcoin price down today?

[Nov 21, 2022 4:59 PM] Bitcoin price is down again, but what are the primary reasons behind BTC’s drawn-out decline?

Analysis of FTX and Alameda Collapse Points to Terra LUNA Fallout Starting the Domino Effect

[Nov 18, 2022 11:30 AM] An analysis of the FTX and Alameda Research collapse has been published by the blockchain and crypto analytics firm Nansen and the report notes that the Terra stablecoin collapse, and the liquidity crunch that ensued, likely started the domino…

FTX ex-exec floats 'cool token' idea amid warning rebound may take years

[Nov 11, 2022 8:00 AM] Zane Tackett suggests alternatives to "boomer procedures" when it comes to FTX bankruptcy.

Genesis Trading reveals $175M of funds are locked in FTX

[Nov 10, 2022 7:20 PM] Genesis Trading is the latest firm to declare exposure to FTX and may look to its parent company for help as it did after the 3AC bankruptcy.