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Court Freezes 3AC Co-Founders’ Assets Worth $1.14 Billion
21.12.2023
Source: Adobe/Christophe Fouquin A British Virgin Islands court has issued an order freezing approximately $1.14 billion in assets belonging to the co-founders of Three Arrows Capital (3AC). According to Teneo, the firm’s liquidator, the court order prohibits co-founders Su Zhu and Kyle...
Safemoon Files for Chapter 7 Bankruptcy Month After SEC Charged Founders With Fraud
15.12.2023
Source: Pixabay Decentralized finance protocol SafeMoon has officially filed for Chapter 7 bankruptcy protection in the face of mounting allegations of fraud and mismanagement. The company’s founders Kyle Nagy, Thomas Smith, and Braden Karony, accused of misleading investors, are facing...
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...
Three Arrows Capital Co-founder Kyle Davies Seen in Bali: Report
16.11.2023
Source: Pixabay Kyle Davies, co-founder of collapsed cryptocurrency hedge fund Three Arrows Capital, has reportedly been spotted in Bali while he continues to escape arrest from Singaporean authorities. Images provided to Cointelegraph show Davies with an unknown woman at the Milk and Madu cafe...
3AC co-founder Kyle Davies spotted in Bali, sources claim
16.11.2023
Sources claim that 3AC co-founder Kyle Davies has been based in Bali for months as he continues to evade Singaporean authorities over the collapse of his failed hedge fund
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
Safemoon Founders Indicted for Fraudulently Diverting Investor Funds
1.11.2023
The founders of cryptocurrency Safemoon have been indicted on charges of securities fraud, wire fraud, and money laundering related to the alleged misappropriation of millions of dollars of investor funds. Braden John Karony, Kyle Nagy, and Thomas Smith were charged in an indictment unsealed...
Hobbled Crypto Exchange's Creditors Are Suing Its CEO and Want to Claw Back Money From 'Bitcoin Jesus'
26.10.2023
CoinFLEX CEO Mark Lamb breached his fiduciary duty when he created a new company, OPNX, with the founders of failed crypto hedge fund Three Arrows Capital, creditors argue. They are also critical of a deal Lamb struck with early BTC evangelist Roger Ver
Alan Wake Creator Says Sequel Is 'More Intense, More Brutal'
25.10.2023
The other day, the official Twitter account for Alan Wake 2 tweeted, “You must write to escape…” and I felt my blood run cold. As a writer who knows the agony of writer’s block—the fear of looking inside myself and having to face all the doubts and insecurities lurking in my dark places as...
Former Three Arrows Capital Executive Su Zhu Arrested in Singapore
29.9.2023
Su Zhu, a founding member of the now-insolvent Three Arrows Capital, was apprehended in Singapore at Changi Airport on Friday, as per the firm’s liquidator, Teneo. Zhu received a four-month prison sentence for failing to cooperate in the bankruptcy proceedings, Teneo revealed. Crackdown...
Singapore’s Monetary Authority Issues 9-Year Ban on Three Arrows Capital Founders
14.9.2023
The Monetary Authority of Singapore (MAS) has issued nine-year prohibition orders against Three Arrows Capital (3AC) founders Zhu Su and Kyle Davies, banning them from regulated financial activities in the country. The orders come after a MAS investigation that reportedly uncovered multiple...
Monetary Authority of Singapore Bans 3AC Founders From Engaging in Financial Markets
14.9.2023
Singapore's central bank, the Monetary Authority of Singapore (MAS), has barred the founders of Three Arrows Capital, Zhu Su and Kyle Livingston Davies from participating in financial markets within the city-state for a period of nine years.
Three Arrows Capital was among the first...
Singapore's central bank slugs Three Arrows founders with 9-year ban
14.9.2023
Three Arrows Capital founders Kyle Davies and Zhu Su are barred from regulated activities or acting as top execs at any financial firm in Singapore
Three Arrows Founders Hit With 9-Year Trading Ban in Singapore
14.9.2023
MAS says the Order bans the Three Arrows Capital founders from managing, directing, or being a shareholder of any registered capital markets services firm in Singapore
Five Riveting Gaming & Anime YouTubers You Should Check Out
5.9.2023
Whenever I’m not sitting in front of my laptop writing or reviewing video games and anime, I’m sitting in front of my laptop watching YouTube video essays. My eye doctor is worried, but we’re not here to talk about how terminally online I am. Instead, I’m gonna put you on five YouTube video...
Five Riveting Gaming & Anime YouTubers You Should Check Out
5.9.2023
Whenever I’m not sitting in front of my laptop writing or reviewing video games and anime, I’m sitting in front of my laptop watching YouTube video essays. My eye doctor is worried, but we’re not here to talk about how terminally online I am. Instead, I’m gonna put you on five YouTube video...
3AC Founders' OPNX Fined $2.7M by Dubai Crypto Regulator
16.8.2023
The exchange was formally reprimanded by the Virtual Assets Regulatory Authority (VARA) in May
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....
Read More: Legal Twist: Three Arrows Capital Co-Founder's Citizenship Renunciation Disrupts...
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...
Veteran FPS Devs Form New Studio To Make Games Inside Fortnite
19.7.2023
Veteran game developers from Bungie, EA, and Kongregate have come together to form a new video game studio, Look North World. And this new studio will be focused on making… Fortnite games? Read more