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FTX, Three Arrows, and SEC Join Forces Against BlockFi's Bankruptcy Plans, Unveiling Billion-Dollar Dispute
6.7.2023
FTX, Three Arrows Capital (3AC), and the Securities and Exchange Commission (SEC) have united against BlockFi's bankruptcy plans, revealing a billion-dollar dispute that has brought them together.
In a legal filing submitted by FTX on June 7, it has been argued that BlockFi's proposed plans...
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
3AC liquidators look to recoup $1.3B from founders
27.6.2023
The report came exactly one year since a court in the British Virgin Islands ordered Three Arrows Capital into liquidation
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
3AC-Linked FLEX, OX Tokens Surge Despite Lack of New Holders
27.6.2023
Less than 2,000 wallets hold OX tokens, a level that’s far below the average holders of tokens with similar market capitalizations
Huobi sues… Huobi? 3AC rises from ashes, Korea crypto contagion: Asia Express
26.6.2023
Huobi Global’s woes intensify, OPNX exchange volume up 2.5M%, 3AC is dead — long live 3AC Ventures, South Korea crypto contagion update
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
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 auctions off Dmitri Cerniak's 'The Goose' NFT from 3AC collection for $6.2M
15.6.2023
Su Zhu and Kyle Davies originally purchased 'The Goose' digital artwork in August 2021 for roughly $5.8 million in Ether
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
Dmitri Cherniak's 'The Goose' NFT Sells at Sotheby's Auction for $6.2M
15.6.2023
The NFT was purchased by 3AC co-founders Su Zhu and Kyle Davies in August 2021 for about 1,800 ETH – worth roughly $5.8 million at the time
3AC liquidators file motion to hold Kyle Davies in contempt
15.6.2023
Civil sanctions against 3AC's co-founder Kyle Davies include an award of attorneys’ fees and a $10,000 daily fine until compliance with a subpoena
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
Maybe Bitcoin didn’t bottom? SEC lawsuit against Binance shakes BTC bulls’ confidence
5.6.2023
Bitcoin’s price dropped to $25,500 after the SEC announced a lawsuit against Binance and Changpeng Zhao, a move which also has BTC bulls wondering if the bottom is truly in
Defunct Crypto Hedge Fund 3AC Insists on Taking Part in Genesis Mediation
5.6.2023
The defunct crypto hedge fund has claimed over $1 billion against Genesis, which itself filed for bankruptcy in January
Nifty News: Pixel Penguin accused of ‘charity rug,’ Epic adds new NFT games and more…
1.6.2023
Epic Games is steaming ahead with plans to list NFT games on its store, while the second 3AC NFT auction on Sothesby's is slated to take place this month