Tag: CoinFLEX

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CoinFLEX creditors dissatisfied with restructuring to OPNX: Report

CoinFLEX creditors dissatisfied with restructuring to OPNX: Report

Some creditors of cryptocurrency futures exchange CoinFLEX are alleging that OPNX, a new crypto exchange established in part by Three Arrows Capital ( [...]
CoinFLEX’s Creditors Are Suing CEO Mark Lamb Over OPNX Pivot and Want to Claw Back Money From Roger Ver

CoinFLEX’s Creditors Are Suing CEO Mark Lamb Over OPNX Pivot and Want to Claw Back Money From Roger Ver

"I was the plaintiff, not CoinFLEX," Ver insisted, adding that the suit was kept confidential in accordance with Hong Kong law. CoinFLEX "later filed [...]
CoinFLEX restructuring approved in Seychelles as rebranding reportedly continues

CoinFLEX restructuring approved in Seychelles as rebranding reportedly continues

Crypto investment platform CoinFLEX has received approval for its restructuring plan from the courts in Seychelles, the company announced March 7 on i [...]
FLEX Token Rises 21% After CoinFLEX Restructuring Plan Approved

FLEX Token Rises 21% After CoinFLEX Restructuring Plan Approved

FLEX, the native token of the CoinFlex exchange, has risen by 21% after it emerged that a restructuring plan in the Seychelles had been approved. www [...]
3AC and CoinFLEX launch website, waitlist for crypto claims exchange

3AC and CoinFLEX launch website, waitlist for crypto claims exchange

A crypto exchange project initially proposed by 3AC and Coinflex has now launched an official website and waitlist as of Feb. 9. Called “Open Exchange [...]
CoinFLEX clarifies position on possible new 3AC project amid backlash

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 [...]
3AC, Coinflex founders collaborating to raise $25M for new claims trading exchange

3AC, Coinflex founders collaborating to raise $25M for new claims trading exchange

Founders of collapsed crypto hedge fund Three Arrows Capital Su Zhu and Kyle Davies are reportedly trying to raise money for a new cryptocurrency exch [...]
Coinflex plans give 65% of company to creditors as part of restructuring proposal

Coinflex plans give 65% of company to creditors as part of restructuring proposal

Cryptocurrency exchange CoinFlex announced a structuring proposal in response to user feedback following the platform experiencing liquidity issues.In [...]
CoinFLEX Files For Restructuring in Seychelles

CoinFLEX Files For Restructuring in Seychelles

Crypto futures exchange CoinFLEX has filed for restructuring in Seychelles as part of its plans to improve its financial situation. www.coindesk.com [...]
Exchange cripto CoinFLEX recorta equipo “significativamente” para reducir costos

Exchange cripto CoinFLEX recorta equipo “significativamente” para reducir costos

“Monitorearemos costos para asegurarnos operar tan eficientemente como sea posible. La intención es mantener el tamaño adecuado para cualquier entidad [...]
CoinFLEX announces staff cuts as part of measures to reduce costs by up to 60%

CoinFLEX announces staff cuts as part of measures to reduce costs by up to 60%

Cryptocurrency exchange CoinFLEX said it had downsized a “significant number” of team members in an effort to cut operating costs.According to a Frida [...]
Crypto Exchange CoinFLEX Slashes Team Amid Cost-Cutting Push

Crypto Exchange CoinFLEX Slashes Team Amid Cost-Cutting Push

CoinFLEX's rough month continues with the decision to "right-size" a business down to its core. www.coindesk.com [...]
CoinFLEX Proposes Plan to Compensate Depositors, Restructure Business

CoinFLEX Proposes Plan to Compensate Depositors, Restructure Business

CoinFLEX's plan needs to be voted on by its depositors, and nothing has been finalized. The exchange said it plans to host a video session next week t [...]
CoinFLEX resumes withdrawals, limiting users to 10%

CoinFLEX resumes withdrawals, limiting users to 10%

Cryptocurrency exchange CoinFLEX is partially reopening user withdrawals, raising cautious optimism that the company was gradually recovering from liq [...]
CoinFLEX Restarts Withdrawals With 10% Limit

CoinFLEX Restarts Withdrawals With 10% Limit

The firm is still working on a solution after recently beginning arbitration to recover $84 million from a "large customer." www.coindesk.com [...]
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