Should Traders Trust a Crypto Exchange Launched by Bankrupt Hedge Fund Founders?

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Three Arrows Capital founders Su Zhu and Kyle Davies are launching a new exchange called OPNX. But can, and should, traders trust it? To put it mildly, Su Zhu and Kyle Davies, the founders of Three Arrows Capital (3AC), are controversial figures in the crypto industry. Three Arrows Capital, their hedge fund, was founded in 2012 after the pair met at Columbia University. 3AC subsequently became one of the most successful crypto hedge funds in the world. As recently as March, it managed over $10 billion in assets. However, when the USDT peg was broken, leading to a significant liquidity

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