Three Arrows Capital Co-Founder Announces New Crypto Venture Open Exchange Amid Bankruptcy Controversy
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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 his new crypto venture, Open Exchange. The exchange aims to provide users with the ability to trade or use portfolio margin with claims against bankrupt cryptocurrency firms. 3AC Co-Founders Launch Bankruptcy-Focused Crypto Exchange, Community Reacts Skeptically Su Zhu, co-founder of the defunct crypto hedge fund Three Arrows Capital (3AC), stated on Thursday that June-July 2022 was a “total darkness” for him and his
Three Arrows Capital (3AC) founders Kyle Davis and Zhu Su, and CoinFlex founders Mark Lamb and Sudhu Arumugam have completed a fundraising round for their new project. About it informed founder of BitMEX cryptocurrency exchange Arthur Hayes. The founders of the two companies planned to raise $25 million for their…
According to the latest report, the interim judicial managers of beleaguered crypto lender Hodlnaut have rejected the latest acquisition bid proposed by OPNX. The OPNX exchange, affiliated with the founders of collapsed hedge fund Three Arrows Capital (3AC), offered to buy a significant 75% ownership stake in troubled Hodlnaut in…