Search
CoinFLEX Crypto Exchange Creditors Accuse Other Exchange OPNX of Wrongful Use of Assets
24.11.2023
Source: Adobe / pathdoc Creditors of the crypto derivatives exchange CoinFLEX are alleging that the newly established creditor claims marketplace OPNX, founded by bankrupt crypto hedge fund Three Arrows Capital (3AC) co-founders Kyle Davies and Su Zhu, wrongfully used CoinFLEX assets without their...
CoinFLEX creditors dissatisfied with restructuring to OPNX: Report
23.11.2023
CoinFLEX creditors claim former CEO Mark Lamb and the OPNX exchange “misappropriated” their assets in a court filing
OPNX gets EU spot crypto trading license in Lithuania
8.11.2023
Kyle Davies’ and Su Zhu’s OPNX exchange acquired a Lithuania virtual asset license to offer spot trading in the EU
Roger Ver Pursues Closing Up of Matrixport in Seychelles Lawsuit Over $8 Million Dispute
7.11.2023
Source: Pexels A legal battle has been ongoing between Roger Ver, an investor also known as ‘Bitcoin Jesus,’ and Jihan Wu, the co-founder and chairman of Matrixport subsidiary Smart Vega, in Seychelles since last year over frozen cryptocurrency funds. Ver alleged that Matrixport...
OPNX Offers CoinFLEX Creditors 25% Equity and 1 Billion OX Tokens Over 10 Years
31.10.2023
Mark Lamb , a fellow CoinFLEX stakeholder and founder of OPNX, has extended an offer to CoinFLEX creditors that includes 25% equity in OPNX and the distribution of 1 billion OX tokens over a 10-year period. The proposal comes after the bankruptcy of CoinFLEX in 2022, which left many stakeholders...
Creditors of Struggling Crypto Exchange CoinFLEX Sue CEO and Seek Funds from ‘Bitcoin Jesus’ Roger Ver
26.10.2023
Creditors of CoinFLEX, a bankrupt exchange, sue CEO Mark Lamb and early investor Roger Ver, aka Bitcoin Jesus, alleging breach of fiduciary duty over the new exchange OPNX launch and unauthorized use of company assets. On October 25, creditors of the now-defunct cryptocurrency exchange CoinFLEX...
Bankruptcy Claims Exchange OPNX Issues New Governance Token, FLEX Rises 16%
1.6.2023
Bankruptcy claims exchange OPNX has issued a new governance token that is designed to reduce trading fees on the platform
OPNX CEO scolds claimed backers after they deny investing in the firm
24.4.2023
OPNX chief Leslie Lamb called out a number of venture capital firms on Twitter after some rushed to distance themselves from the company
Bankruptcy Claims Exchange OPNX Stumbles Out of the Gate
5.4.2023
Bankruptcy claims exchange OPNX has struggled in terms of trading volume one day after it went live, the exchange's native token, FLEX, is is down by 26% in the past 24-hours
Three Arrows Capital Founders Shake Up Crypto Industry with New Crypto Exchange After Acquiring CoinFLEX Assets – Here's What You Need to Know
8.3.2023
Su Zhu and Kyle Davies, the two founders of the bankrupt crypto hedge fund Three Arrows Capital (3AC), have completed a funding round for their new OPNX exchange and will acquire remaining assets from the troubled exchange CoinFLEX.
The news that fundraising for the new exchange has been completed...
CoinFLEX restructuring approved in Seychelles as rebranding reportedly continues
7.3.2023
The Seychelles courts have approved a plan that would give 65% of the company to creditors and 15% to employees as CoinFLEX is said to transition into the Open Exchange
FLEX Token Rises 21% After CoinFLEX Restructuring Plan Approved
7.3.2023
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
Three Arrows Capital Co-Founder Announces New Crypto Venture Open Exchange Amid Bankruptcy Controversy
10.2.2023
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...
3AC and CoinFLEX launch website, waitlist for crypto claims exchange
9.2.2023
The exchange will allow crypto bankruptcy claims to be traded, according to an official Twitter announcement
CoinFLEX clarifies position on possible new 3AC project amid backlash
17.1.2023
The pitch deck for the exchange was leaked to the media and had been criticized for involving failed crypto hedge fund Three Arrows Capital
Defunct Crypto Hedge Fund Three Arrows Capital Founders Seek $25 Million to Start New Exchange Amid Scrutiny
16.1.2023
According to reports, the founders of the now-defunct crypto hedge fund Three Arrows Capital (3AC) are seeking to raise $25 million from investors to start a new crypto exchange called GTX. This solicitation for new capital comes after 3AC co-founders Su Zhu and Kyle Davies were subpoenaed over...
3AC, Coinflex founders collaborating to raise $25M for new claims trading exchange
16.1.2023
According to the project's pitch deck, the company intends to launch as soon as possible, and estimates the claims market to be worth around $20 billion
Crypto Futures Exchange CoinFLEX’s Creditors to Own 65% of Firm After Reorganization
26.9.2022
CoinFLEX filed for a restructuring in the Seychelles during the summer after suspending withdrawals amid the volatile crypto market
Coinflex plans give 65% of company to creditors as part of restructuring proposal
22.9.2022
Subject to a vote and court approval, the plan proposed CoinFlex creditors own 65% of the company, while its team members be allocated 15% of the company's shares
CoinFLEX Files For Restructuring in Seychelles
10.8.2022
Crypto futures exchange CoinFLEX has filed for restructuring in Seychelles as part of its plans to improve its financial situation