3AC Seeks Contempt of Court Ruling on Founder Kyle Davies for Failing to Respond
[Jun 15, 2023 12:04 AM] Ignoring a subpoena warrants a fine of $10,000 per day, the estate of his hedge fund argues
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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.
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
Sotheby's Auctions Part of 3AC's Rare NFT Collection, Bringing In $2.4 Million
Major Crypto Firms Deny Investing in OPNX, Distancing From 3AC Founders' Claims About Their Exchange's Backing
[Apr 21, 2023 11:16 AM] OPNX had included DRW and Nascent in list of "major investors" in a tweet earlier Friday.
Susquehanna, DRW Are Among Backers of Bankruptcy Claims Exchange OPNX, the Firm Tweets
[Apr 21, 2023 9:35 AM] Other investors include U.S. options exchange MIAX Group and Saudi digital asset fund Tuwaiq, OPNX said Friday.
Sotheby’s to Auction 3AC’s NFT Collection, Including Larva Labs’ Zombie Punk and Dmitri Cherniak’s ‘Golden Goose’
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."
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.
Bankruptcy Claims Exchange OPNX Stumbles Out of the Gate
[Apr 5, 2023 8:39 AM] Bankruptcy claims exchange OPNX has struggled in terms of trading volume one day after it went live, the exchange's native token, FLEX, is is down by 26% in the past 24-hours.
Crypto exchange backed by 3AC founders launches with claims trading plans
[Apr 4, 2023 9:03 AM] OPNX CEO Leslie Lamb said the exchange planned to launch claims trading aimed at helping users from bankrupt crypto platforms including FTX and Celsius.
OPNX Exchange, Which Offers FTX Claims Trading, Led by Three Arrows Founders, Is Now Live
[Apr 4, 2023 7:02 AM] Users can get a 50% discount on trading fees if they hold FLEX tokens.
Three Arrows Capital's Kyle Davies Ordered to Respond to Subpoena Within 2 Weeks
[Mar 30, 2023 8:58 AM] The court also ruled that the 3AC liquidators' service of a subpoena to Davies via Twitter complied with due process.
British Virgin Islands Court Orders 3AC Founders to Attend Examination on May 22
[Mar 29, 2023 4:17 AM] The 3AC founders will be found in contempt of court if they fail to reply to the order.
A Three Arrows Capital Founder Talks About His New Crypto Bankruptcy Exchange
[Mar 24, 2023 9:53 AM] Less than a year after Three Arrows Capital imploded along with $2.5 billion of its clients' money, the hedge fund's founders Su Zhu and Kyle Davies are back on the scene with what appears, to their credit, to be an impressive bankruptcy exchange…
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.
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 founder has 'chosen to ignore his duties' by not responding to subpoena, say bankruptcy lawyers
[Feb 8, 2023 1:15 PM] According to the filing, Kyle Davies was “without question” aware of the subpoena posted to Twitter, citing the 3AC founder's online activity and attempts to raise funds for GTX.
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…
Alameda Research Seeks $446 Million Over Alleged ‘Preferential Transfers’ to Voyager Digital
[Jan 31, 2023 9:00 AM] On Monday, Alameda Research Ltd. filed a legal complaint against Voyager Digital LLC and HTC Trading Inc. in the U.S. bankruptcy court. The complaint alleges the defendants received preferential transfers of property from Alameda Research and the…
Defunct Crypto Hedge Fund Three Arrows Capital Founders Seek $25 Million to Start New Exchange Amid Scrutiny
[Jan 16, 2023 12:30 PM] According to reports, the founders of the now-defunct crypto hedge fund Three Arrows Capital (3AC) are seeking to raise $25 million from investors to start a new crypto exchange called GTX. This solicitation for new capital comes after 3AC…
Digital Currency Group CEO Barry Silbert Responds to Accusations by Gemini’s Cameron Winklevoss With Shareholders Letter
[Jan 11, 2023 9:00 AM] Barry Silbert, CEO of Digital Currency Group (DCG), has released a letter to shareholders in response to a recent open letter from Gemini CEO Cameron Winklevoss. The letter, issued Tuesday by Winklevoss, calls for the DCG board to force Silbert to…
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…
The Good, The Bad And The Ugly From 2022, Bitcoin’s Year Of The Bear
[Jan 6, 2023 9:31 AM] For Bitcoin, 2022 was a year of lessons, frustrations, vindications, progress and, in some cases, regress. What should we take with us for 2023?This is an opinion editorial by Aleks Svetski, author of “The UnCommunist Manifesto,” founder of The…
Three Arrows Capital Founders Served Subpoenas via Twitter in Bankruptcy Process
[Jan 5, 2023 3:30 PM] The founders of the now-defunct cryptocurrency hedge fund Three Arrows Capital (3AC) have been served subpoenas by the fund’s liquidators via Twitter. While serving subpoenas on Twitter is rare, it has happened on various occasions in the…
Demand for Arbitration Filed Against Genesis Global Capital, DCG — Firm Accused of ‘Ochestrating a Sham Transaction’
[Jan 3, 2023 12:30 AM] Three Gemini Earn users have accused Genesis Global Capital of breaching a contract and have subsequently filed a demand for class arbitration with the American Arbitration Association. In addition, the three users assert that all transactions…
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.
Legal team for 3AC liquidators blast founders for shifting blame to FTX, media blitz amid bankruptcy
[Dec 2, 2022 11:44 AM] In a bankruptcy court hearing, lawyers for 3AC creditors asserted the firm's founders "repeatedly fail to engage" with liquidators, but weren't shy about talking to the media.
Crypto Lender Blockfi Files for Bankruptcy Protection to ‘Maximize Value for All Clients’
[Nov 28, 2022 1:00 PM] On Nov. 28, 2022, the crypto lender Blockfi informed the public via a press release that the company has voluntarily petitioned for Chapter 11 bankruptcy protection. Blockfi is now one of many digital currency businesses dealing with significant…