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Bankrupt Firms 3AC and BlockFi Reach Counterclaim Settlement—But Details Are Sealed – Decrypt

A judge approved a settlement of the counterclaims between bankrupt crypto hedge fund Three Arrows Capital and defunct crypto lender BlockFi yesterday.But the details...

Weekly Update #38

Weekly Update #38February 5, 2024CipherTraceMARK COLLINS & DEMETRIOS TSEASRegulatory News:U.S. Justice Dept charges three individuals for $1.89B cryptocurrencyA cryptocurrency (or crypto currency) is a...

OPNX exchange to cease operations

Su Zhu, co-founder of the cryptocurrency exchange OPNX, has announced the platform’s shutdown, attributing the decision to the legal claims from the FTX estate.  The...

‘Probably Will Go Meme’: OPNX Investors Refuse to Sell Tokens Despite Shutdown – Decrypt

Despite OPNX officially shutting down later this month, plenty of its traders are refusing to sell their tokens.As news first broke that the crypto...

OPNX Founder Su Zhu Says Shutdown Comes Because FTX Estate Claims Reached ‘Recovery’

“The FTX recovery marks the end of crypto claims estates. The OX community will be focusing on Ox.Fun now, and wish to congratulate the...

Three Arrows’ OPNX Announces Shutdown

OPNX, a cryptocurrency exchange and bankruptcy claims platform, will cease operations by February 14, 2024, due to regulatory challenges and financial penalties. OPNX, a...

3AC Founders’ New Crypto Exchange OPNX to Shut Down – Unchained

OPNX, the crypto exchange and claims trading platform set up by the founders of Three Arrows Capital, will cease operations and shut down...

Su Zhu Recommends Prison for All, in an Attempt to Rebuild a Reputation

As a product of Phillips Academy, Columbia University and Credit Suisse, Zhu helped grant legitimacy to crypto by putting his reputation on the line...

4 Things I Want Less Of Next Crypto Bull Market

The ETF has arrived and we’re working out what comes next. While we wait, I’m gonna yell at the clouds for a bit.Alright, the...

Court Freezes Over $1 Billion in Three Arrows Capital Assets

In the year 2022, Three Arrows Capital (3AC), which had previously been a well-known brand in the bitcoin hedge fund industry, was confronted with...

Three Arrows Co-Founder Su Zhu Faces Questioning in Singapore Court in Hunt for Assets: Bloomberg

The two-day court hearing required Zhu to respond to lawyers for liquidator Teneo with details on how the fund failed and the whereabouts of...

Singapore Central Bank Issues Final Guidelines for Crypto Payment Providers

Singapore central bank, the Monetary Authority of Singapore (MAS), has issued final guidelines for crypto payment providers, detailing measures related to...

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