Tag: Arrows
Rocketing Worldcoin Prices Could Help Three Arrows, FTX Creditors
WLD’s rise has apparently come after AI developer OpenAI’s launch of a text-to-video generator, Sora, last week. Worldcoin’s parent company and OpenAI [...]
OPNX, the Exchange Built by Founders of Doomed Hedge Fund Three Arrows, Is Shutting Down
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Three Arrows’ Su Zhu Faces Questions From Liquidator Teneo in Singapore Court in Asset Hunt: Bloomberg
The two-day court hearing required Zhu to respond to lawyers for liquidator Teneo with details on how the fund failed and the whereabouts of the asset [...]
WOO Network to sever ties with Three Arrows Capital after share buyback
Crypto exchange WOO Network is set to sever all remaining ties with bankrupt Three Arrows Capital, after reaching a settlement to buy back shares and [...]
BlockFi’s U.S. Bankruptcy Judge Says He Wants Three Arrows’ $284M Claim Resolved in Mediation
Tensions were apparent between the sides in court, as a lawyer for BlockFi said 3AC has a “runaway” legal counsel who is dragging things out and pilin [...]
Singapore’s central bank slugs Three Arrows founders with 9-year ban
The Monetary Authority of Singapore (MAS) has issued a nine-year prohibition order to Three Arrows Capital (3AC) founders Kyle Davies and Zhu Su over [...]
Three Arrows Founders Hit With 9-Year Trading Ban in Singapore
MAS says the Order bans the Three Arrows Capital founders from managing, directing, or being a shareholder of any registered capital markets services [...]
BlockFi Bankruptcy Plans Opposed by FTX, Three Arrows, and SEC
Three Arrows Capital, which says it’s owed over $220 million by BlockFi, also protested that it wasn’t being given a chance to contest fraud allegatio [...]
Three Arrows Founders to Donate Future Earnings to Creditors in Spirit of 'Karma'
The founders of the hedge fund that filed for bankruptcy last year have started an exchange for creditor claims, which is seeing $50 million in tradin [...]
Three Arrows Capital Liquidators Seek $1.3B From Bankrupt Hedge Fund's Founders: Bloomberg
The fund founded by Su Zhu and Kyle Davies suffered big losses on the collapse of the Terra ecosystem starting in May 2022 and took on additional leve [...]
Three Arrows Founders Kyle Davies and Su Zhu’s Exchange Sues Mike Dudas for Defamation
“Along with my colleagues at Brown Rudnick, we are proud to represent Mike Dudas in defense of this lawsuit filed by 3 Arrows Capital’s ‘ecosystem par [...]
Three Arrows Capital founders launch new VC fund
On June 21, OPNX exchange, a platform for trading claims against bankrupt crypto entities, announced a new ecosystem partner dubbed "3AC Ventures." Ac [...]
Three Arrows Capital Demands to Take Part in Genesis Bankruptcy Mediation
On Jan. 20, the three affiliated companies Genesis Global Holdco LLC, Genesis Asia Pacific Pte. Ltd and Genesis Global Capital LLC filed for bankruptc [...]
OPNX Exchange, Which Offers FTX Claims Trading, Led by Three Arrows Founders is Now Live
Zhu Su and Kyle Davies, the founders of bankrupt hedge fund Three Arrows Capital, last month teamed with the co-founders of troubled crypto exchange C [...]
Three Arrows Capital's Kyle Davies Ordered to Respond to Subpoena Within 2 Weeks
The court also ruled that the 3AC liquidators' service of a subpoena to Davies via Twitter complied with due process.
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