by COINS NEWS - 1 year ago
'Much Wow' - 3AC Founders Blame FTX, Buy Super Yacht While Forcing Liquidators To Subpoena Them On Twitter
submitted by /u/Infineet [link] [comments]
by COINS NEWS - 1 year ago
submitted by /u/Infineet [link] [comments]
Bitcoin News / Bitcoinist - 1 year ago
The DCG and Genesis debacle continue to wax strong and Grayscale Bitcoin Trust has taken some of the heat from this. The majority of the concerns have been raised around the ability of Digital Currency Group to be able to repay its debt to Genesis, w...
Bitcoin News / Bitcoinist - 1 year ago
Su Zhu, a co-founder of Three Arrows Capital, has spoken out in a Twitter thread about the escalating crypto war between Digital Currency Group (DCG) CEO Barry Silbert and the Winklevoss twins, founders of US exchange Gemini. As Bitcoinist reported y...
by COINS NEWS - 1 year ago
submitted by /u/blackandbroken [link] [comments]
by COINS NEWS - 1 year ago
This year in Crypto has undoubtedly been the year of scams, frauds and Ponzi schemes being exposed, just as the famous quote said that once all the tides are lifted we would see who has been swimming naked and we definitely have seen those… Now we co...
Cryptocoins News / The Cointelegraph - 1 year ago
Top Stories This Week7 class action lawsuits have been filed against SBF so far, records showFormer FTX CEO Sam Bankman-Fried has been named in seven class action law...
Cryptocoins News / The Cointelegraph - 1 year ago
The bankruptcy judge has given approvals to subpoenas aimed at Three Arrows Capital’s leadership, while a new Terra Luna conspiracy has been floated. A federal judge o...
Cryptocoins News / The Cointelegraph - 1 year ago
The liquidators claim Su Zhu and Kyle Davies are located in Indonesia and the United Arab Emirates, where foreign court orders are difficult to enforce. Liquidators fo...
Cryptocoins News / The Cointelegraph - 1 year ago
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....
Bitcoin News / Bitcoin.com - 1 year ago
During a conversation with Binance CEO Changpeng Zhao (CZ) and the Milken Institute, the exchange executive called the former FTX CEO Sam Bankman-Fried (SBF) a “psychopath” for one of the tweets SBF wrote last week. CZ’s statements further follow the...
by COINS NEWS - 2 years ago
This is so important Celsius, FTX, Alameda, Voyager, HodlHodl, 3AC all took Bitcoin that wasn’t theirs dumped it, lost it or sold coins they didn’t have bringing the prices super low and then declared bankruptcy so they don’t have to repay it meaning...
More / Bitcoin Reddit - 2 years ago
In 2017, large exchanges and miners argued that they should control the future of Bitcoin, not “hobbyists” running raspberry pi nodes. Given the shit show we’ve seen this year, everyone can see how destabilizing their victory would have been. The big...
Cryptocoins News / The Cointelegraph - 2 years ago
Advisory firm Teneo argued that standard methods to contact the Three Arrows Capital founders have failed, and is now looking for other ways to subpoena them. Liquida...
Cryptocoins News / Blockchain - 2 years ago
Grayscale Investments, one of the largest asset managers in the digital currency ecosystem has launched a new broker-dealer dubbed Grayscale Securities, recent filings with the United States Securities and Exchange Commission show (Read More)
Cryptocoins News / The Cointelegraph - 2 years ago
Market makers are the backbone of every crypto exchange, ICO, DApp and many token listings, which is exactly why investors shouldn’t shrug off Wintermute’s hack. Most...
Cryptocoins News / Blockchain - 2 years ago
Three Arrows Capital (3AC) might have declared bankruptcy, but the firm is still conducting a number of robust transactions according to insights derived from on-chain data. (Read More)
Cryptocoins News / The Cointelegraph - 2 years ago
Rumor has it that they are heading to, or are already in, Dubai, says a lawyer with 30 years of experience. But can they stay there forever? The creators of Three Arro...
Cryptocoins News / The Cointelegraph - 2 years ago
Zhu, whose whereabouts had been unknown for weeks, delivered an affidavit that disputed Teneo claims and elucidated the internal structure of the failed hedge fund....
Cryptocoins News / EthereumWorldNews - 2 years ago
Summary: 3AC boss Su Zhu accused liquidators of misleading the court and authorities regarding Three Arrows entities and assets.Zhu voiced his concerns via an affidavit in Bangkok, Thailand on August 19.Notably, the 3AC co-founder was present in...
Cryptocoins News / The Cointelegraph - 2 years ago
Liquidator Teneo has recovered only a miniscule portion of the Singapore-based Three Arrows Capital so far, while cofounder Zhu has allegedly tried to sell property there....
Cryptocoins News / The Cointelegraph - 2 years ago
Instead of operating in darkness, more players in the financial industry should move their transactions to the blockchain, where every move is public. While mainstream...
Cryptocoins News / The Cointelegraph - 2 years ago
Instead of operating in darkness, more players in the financial industry should move their transactions to the blockchain, where every move is public. While mainstream...
Cryptocoins News / The Cointelegraph - 2 years ago
The late spring and summer months of 2022 would be remembered not only for their extreme temperatures across the globe but also for a crushing streak of large crypto companies falling apart. Terra Lab in May, Celsius in June and now, the lasting ago...
Cryptocoins News / The Cointelegraph - 2 years ago
Three Arrow Capital (3AC), a Singapore-based crypto hedge fund that at one point managed over $10 billion worth of assets, became one of the many crypto firms that went bankrupt in this bear market. However, the fall of 3AC wasn’t purely a market-d...
Cryptocoins Exchanges / Binance - 2 years ago
I have learn the leaked filings from the 3AC BVI(British Virgin Islands) courtroom proceedings. Let me summarize what went incorrect with 3AC. Luna/Terra Blow up 3AC misplaced around $600 million when Luna/Terra blew up. Nevertheless, it was not tha...