News about 3AC

News about 3ac

3AC Co-Founder Su Zhu is in Singapore. Why haven’t the authorities done anything?

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

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 collect...

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

Three Arrows Capital is currently undergoing bankruptcy proceedings and owes an estimated $3.5 billion to creditors. The auction for parts of bankrupt Singaporean cryp...

NFTs Seized From 3AC Fetch $2.5 Million At Sotheby’s Auction

Three Arrows Capital’s (3AC) Grails Collection has been auctioned off by Sotheby’s for almost $2.5 million.& The NFTs that were sold included Tyler Hobbs’ Fidenza #725 CryptoPunk #1326 and Dmitri Cherniak’s Ringers #375.Fidenza #725 attracted th...

3AC’s Su Zhu Answers Arthur Hayes’ Twitter Jabs With Restraining Order

Summary: Three Arrows Capital (3AC) co-founder Su Zhu was granted a restraining order from a Singapore court against BitMEX founder Arthur Hayes.Hayes claimed that Zhu and his co-founder Kyle Davies owe $6 million after their crypto hedge fund 3...

Justin Sun’s SUI-farming sins, PEPE’s wild run, 3AC’s oyster philosophy: Asia Express

CZ calls out Justin Sun for farming SUI at the expense of the little guys, “useless” PEPE up 20x, new 3AC venture in hot water in Dubai. Our weekly roundup of news fro...

Dubai Regulator Blasts 3AC Bosses Over Crypto Claims Exchange OPNX

Summary: VARA said OPNX solicited Dubai customers through marketing campaigns and social media without the appropriate regulatory approval.Dubai’s regulator said they were assessing whether further action might be needed against the latest crypt...

3AC founders run into fresh trouble in Dubai over new exchange OPNX

Dubai’s digital asset regulator claimed it had sent two cease and desist notices to the exchange in February and an investor alert against it in April. The co-founder...

3AC cooks up a storm, Bitcoin miner surges 360%, Bruce Lee NFTs ... - Investing.com

3AC cooks up a storm, Bitcoin miner surges 360%, Bruce Lee NFTs ...& & Investing.com

3AC founders’ OPNX exchange claims to be funded by AppWorks, SIG, MIAX Group

DeFi firm Nascent was also claimed as a backer, but it has clarified that it only bought FLEX tokens from the company’s previous incarnation. OPNX, an exchange jointly...

3AC cooks up a storm, Bitcoin miner surges 360%, Bruce Lee NFTs dive: Asia Express

3AC’s Kyle Davies becomes a connoisseur of white poultry, meanwhile SAI.TECH’s stock more than doubles on no news as Bruce Lee NFTs flunk. Our weekly roundup of news f...

3AC cooks up a storm, Bitcoin miner surges 360%, Bruce Lee NFTs ... - Cointelegraph

3AC cooks up a storm, Bitcoin miner surges 360%, Bruce Lee NFTs ...& & Cointelegraph

Sotheby’s to Auction 3AC’s NFT Collection, Including Larva Labs’ Zombie Punk and Dmitri Cherniak’s ‘Golden Goose’

On Wednesday, Sotheby’s, one of the world’s largest brokers of fine and decorative art, announced its plans to auction a number of non-fungible token (NFT) assets that were previously owned by the now-defunct crypto hedge fund Three Arrow...

Sotheby's will auction off part of 3AC's digital art collection

Among the pieces being auctioned include a zombie CryptoPunk and Autoglyphs from Larva Labs as well as Dmitri Cherniak’s artwork “The Golden Goose.” Sotheby’s auction...

Crypto exchange backed by 3AC founders launches with claims trading plans

OPNX CEO Leslie Lamb said the exchange planned to launch claims trading aimed at helping users from bankrupt crypto platforms including FTX and Celsius. Su Zhu and Kyl...

OPNX Crypto Exchange Backed By 3AC And CoinFLEX Execs Opens For Business

Summary: The latest crypto venture of Su Zhu and Kyle Davies, dubbed OPNX, opened its doors to customers on Tuesday.Former executives from now-bankruptcy digital asset companies CoinFLEX and Three Arrows Capital form the ranks of the new crypto...

3AC Co-Founder Kyle Davies Given 2 Weeks To Answer Subpoena: Bankruptcy Court

Summary: A U.S. bankruptcy court ordered Three Arrows Capital (3AC) co-founder Kyle Davies to respond to a subpoena served on Jan. 5.Davies has 2 weeks to answer the subpoena served via Twitter, the court ruled.3AC liquidators Russell Crumpler a...

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

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. Kyle Davies, the...

Bitcoin miners havent sold this many Bitcoin since the China ban in 2021, as miners are sending more Bitcoin to exchanges than around the Luna/3AC collapse and the fall of FTX

Bitcoin miners are absolutely pivotal to Bitcoin's price. Generally, when they hold their Bitcoin, the price stays relatively stable or is free to move up. But during periods when miners sell a lot of their holdings, we often see a drop in...

CoinFLEX Restructuring Plan Authorized By Court, Exchange Finalizes OPNX Fundraiser With 3AC Co-Founders

Summary: A Seychelles court approved the restructuring plan submitted by embattled crypto exchange CoinFLEX.Trading for locked assets like LUSD and LETH remain halted until 24 hours after the court issues a written order expected later this week...

Digital Currency Group Reports Over $1 Billion Loss Due to 3AC Collapse

Digital Currency Group (DCG) has reported losses of over $1 billion in 2022, largely due to the collapse of Three Arrows Capital (3AC) and falling cryptocurrency prices. DCG's lending arm, Genesis, filed for Chapter 11 bankruptcy in January, as it wa...

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