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OPNX Founder Su Zhu Says Shutdown Comes Because FTX Estate Claims Reached 'Recovery'

[Feb 2 4:06 AM] OPNX's volume peaked at just over $600,000, according to CoinGecko data.

OPNX, the Exchange Built by Founders of Doomed Hedge Fund Three Arrows, Is Shutting Down

[Feb 1 3:47 PM] Customers were advised to settle their positions by Feb. 7 and withdraw their money by Feb. 14.

OPNX token spikes 50% after Su Zhu unexpectedly posts a 'gm' on Twitter

[Nov 30, 2023 11:52 PM] The OX token hit a price high not seen since co-founder Su Zhu was arrested in late September.

CoinFLEX creditors dissatisfied with restructuring to OPNX: Report

[Nov 23, 2023 7:00 AM] CoinFLEX creditors claim former CEO Mark Lamb and the OPNX exchange “misappropriated” their assets in a court filing.

OPNX gets EU spot crypto trading license in Lithuania

[Nov 8, 2023 8:00 AM] Kyle Davies’ and Su Zhu’s OPNX exchange acquired a Lithuania virtual asset license to offer spot trading in the EU.

Crypto Exchange Linked to 3AC Founders Drops Lawsuit Against Mike Dudas

[Oct 30, 2023 5:02 AM] OPNX voluntarily dropped its defamation suit against the venture investor and crypto personality.

Hobbled Crypto Exchange's Creditors Are Suing Its CEO and Want to Claw Back Money From 'Bitcoin Jesus'

[Oct 25, 2023 4:31 PM] CoinFLEX CEO Mark Lamb breached his fiduciary duty when he created a new company, OPNX, with the founders of failed crypto hedge fund Three Arrows Capital, creditors argue. They are also critical of a deal Lamb struck with early BTC evangelist…

Report: Hodlnaut’s Judicial Managers Oppose OPNX Takeover

[Sep 19, 2023 2:30 PM] According to a recent court filing, interim judicial managers for the troubled crypto lender Hodlnaut oppose a takeover by the crypto firm OPNX, which is linked to the now-defunct crypto hedge fund Three Arrows Capital and its founders. OPNX…

3AC Founders' OPNX Fined $2.7M by Dubai Crypto Regulator

[Aug 16, 2023 6:31 AM] The exchange was formally reprimanded by the Virtual Assets Regulatory Authority (VARA) in May.

3AC co-founders' OPNX exchange onboards FTX, Celsius bankruptcy claims

[Jul 14, 2023 10:01 AM] Claims can be converted into collateral to trade crypto futures on the exchange.

FTX, Celsius Bankruptcy Claims Can Now Be Sold on OPNX

[Jul 14, 2023 6:00 AM] Users who held assets on bankrupt crypto firms FTX and Celsius Network can now trade their claims on the Open Exchange (OPNX).

OPNX launches ‘oUSD’ credit currency for crypto margin trading

[Jul 5, 2023 7:00 AM] The new “credit currency” will allow users to rely on cryptocurrencies as collateral without needing to obtain loans from other institutions.

OPNX Files Defamation Lawsuit Against Mike Dudas, Issues Justice Tokens

[Jun 22, 2023 3:29 PM] The bankruptcy claims exchange from Kyle Davies and Su Zhu – the founders of failed hedge fund Three Arrows Capital – has also issued Justice Tokens that offer exposure to defamation lawsuits.

Bankrupt Hedge Fund 3AC's Return as a VC Stirring Up Crypto Community

[Jun 21, 2023 1:02 PM] 3AC co-founder Kyle Davies told CoinDesk that the new entity aims to provide support for projects that are building for a decentralized future, but skeptics have recalled the original firm’s tainted past.

Bankruptcy Claims Exchange OPNX Issues New Governance Token, FLEX Rises 16%

[Jun 1, 2023 3:11 AM] Bankruptcy claims exchange OPNX has issued a new governance token that is designed to reduce trading fees on the platform.

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.

OPNX quips about its early dismal volume after reporting 90,000% surge

[Apr 10, 2023 10:44 PM] OPNX exchange has joked about its earlier low trading volume before experiencing a big surge in volume during the last 24 hours.

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.