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Legal Twist: Three Arrows Capital Co-Founder's Citizenship Renunciation Disrupts Court's Jurisdiction in Bankruptcy Case
14.8.2023
In the bankruptcy case of Three Arrows Capital (3AC), a crypto hedge fund that ceased operations, a judge has rejected a request to hold co-founder Kyle Davies in contempt of Court and impose sanctions....
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Three Arrows Capital's Kyle Davies Declares Singaporean Residency to Avoid US Courts
2.8.2023
Kyle Davies, co-founder of now-defunct crypto hedge fund Three Arrows Capital, has claimed that US courts don't have jurisdiction over him as he has renounced his American citizenship.
According to court documents filed on Tuesday, Davies became a permanent resident of Singapore in 2017...
Voyager Digital Sees $250 Million in Net Outflow Since Resuming Withdrawals
10.7.2023
Bankrupt crypto lender Voyager Digital has seen more than $250 in net outflow since it resumed withdrawals on June 23, a year after it filed Chapter 11 and halted withdrawals.
As per data from Dune Analytics, the platform currently holds $176 million worth of cryptocurrencies.
Voyager Digital...
Three Arrows Capital Liquidator May Try to Claw Back About $1.2B From DCG, BlockFi
7.7.2023
A July 7 report from Teneo, the hedge fund’s liquidator, described the potential claims
Winklevoss slams DCG's Silbert — Not even SBF was 'capable of such delusion'
4.7.2023
In an open letter, Cameron Winklevoss slammed DCG's Barry Silbert for allegedly playing the victim card while owing $1.2 billion to Gemini’s 232,000 Earn customers
Kyle Davies to donate future OPNX earnings to 3AC creditors for 'karma'
4.7.2023
Three Arrows Capital co-founder Kyle Davies called it a “shadow recovery process” during a July 3 Twitter Spaces
Three Arrows Founders to Donate Future Earnings to Creditors in Spirit of 'Karma'
3.7.2023
The founders of the hedge fund that filed for bankruptcy last year have started an exchange for creditor claims, which is seeing $50 million in trading volume, said Davies
Three Arrows Capital Founders Face $1.3 Billion Claim from Liquidators
28.6.2023
The founders of the now-bankrupt crypto hedge fund Three Arrows Capital, also known as 3AC, are facing a $1.3 billion recovery claim from the fund’s liquidators.
The liquidators, who are also partners at the consulting and advisory firm Teneo, have accused the firm’s co-founders Su Zhu and Kyle...
Three Arrows Capital Liquidators Seek $1.3B From Bankrupt Hedge Fund's Founders: Bloomberg
27.6.2023
The fund founded by Su Zhu and Kyle Davies suffered big losses on the collapse of the Terra ecosystem starting in May 2022 and took on additional leverage despite already being insolvent, the liquidators say
OPNX Files Defamation Lawsuit Against Mike Dudas, Issues Justice Tokens
22.6.2023
The bankruptcy claims exchange from Kyle Davies and Su Zhu – the founders of failed hedge fund Three Arrows Capital – has also issued Justice Tokens that offer exposure to defamation lawsuits
Bankrupt Hedge Fund 3AC's Return as a VC Stirring Up Crypto Community
21.6.2023
3AC co-founder Kyle Davies told CoinDesk that the new entity aims to provide support for projects that are building for a decentralized future, but skeptics have recalled the original firm’s tainted past
Three Arrows Capital founders launch new VC fund
21.6.2023
"3AC Ventures is focused on superior risk-adjusted returns without leverage," the firm wrote
Subpoena Evasion: 3AC Asks Court to Fine Kyle Davies $10,000 Daily for Non-Compliance
18.6.2023
In February, it was reported that Kyle Davies, the co-founder of Three Arrows Capital (3AC), faced allegations of evading subpoenas related to the collapse of the defunct Singapore cryptocurrency hedge fund. The current custodians of the 3AC estate are now pursuing a daily fine of $10,000 against...
NFT Artwork Seized From Three Arrows Capital Fetches $10.9 Million in Sotheby's Auction
16.6.2023
Recent information disclosed by Sotheby's auction house reveals that the digital collectibles owned by Three Arrows Capital (3AC) were sold for a total of $10.9 million in a New York auction held on June 15.
In the aftermath of Luna and TerraUSD cryptocurrencies collapsing, 3AC was the first major...
Three Arrows Capital Liquidators Request Contempt Sanctions for Co-Founder Kyle Davies – What's Going On?
16.6.2023
Amid the ongoing legal proceedings surrounding the collapse of Singaporean crypto hedge fund Three Arrows Capital (3AC), the co-founder Kyle Davies is facing potential contempt of court charges.
This is due to his failure to respond to a subpoena requesting information related to the firm's...
Sotheby's Second 3AC NFT Sale Nets $10.9M, With 'The Goose' Alone Netting $6.2M
15.6.2023
Ringers #879, a seminal NFT artwork often referred to as "The Goose," far outpaced estimates and sold for $tk
3AC Seeks Contempt of Court Ruling on Founder Kyle Davies For Failing to Respond
15.6.2023
Ignoring a subpoena warrants a fine of $10,000 per day, the estate of his hedge fund argues
Voyager app set to reopen for customer withdrawals as soon as June 20
15.6.2023
Customers will soon be able to load up the Voyager app and see how much will be available for withdrawal
Founders of Collapsed Crypto Fund, Three Arrows Capital, Turn to Bali and Shrooms
11.6.2023
The founders of collapsed cryptocurrency hedge fund, Three Arrows Capital, have been living the high life in Bali after their company's failure last year.
Kyle Davies and Su Zhu, both 36, almost disappeared from public view following the collapse of their fund. However, a new New York Times...
Today in Crypto: JPMorgan Partners with 6 Indian Banks on Blockchain-Based Interbank Transactions, APPG Makes 53 Crypto Recommendations to the UK Government, Charles Hoskinson Warns About the Rise in AI-generated Frauds
5.6.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: JPMorgan Partners with 6 Indian Banks on Blockchain-Based Interbank Transactions, APPG Makes 53 Crypto...