2023-2-10 00:27 |
3AC co-founder Su Zhu today announced the launch of a new bankruptcy claims trading marketplace. The post 3AC Co-Founder Launches New Platform for Trading Bankruptcy Claims appeared first on BeInCrypto. origin »
|
The exchange will allow crypto bankruptcy claims to be traded, according to an official Twitter announcement.
2023-2-10 00:45 | |
|
|
Founders of bankrupt crypto hedge fund Three Arrows Capital founders Zhu Su and Kyle Davies, in collaboration with CoinFLEX co-founders, have launched the “first public marketplace for crypto claims” Open Exchange.
2023-2-10 21:32 | |
|
|
Named Open Exchange, the platform aims to be a home for trading what it says is a $20 billion market of claims against bankrupt crypto firms, including those of 3AC.
2023-2-10 20:50 | |
|
|
The deal includes "an equitization of the infamous 10-year promissory note that DCG gave Genesis in return for the 3AC claims," a person familiar with the situation said.
2023-2-7 20:42 | |
|
|
The co-founders of bankrupt 3AC think they can 'dominate' the crypto claims market, eventually 'fill the power vaccum left by FTX'.
2023-1-17 21:12 | |
|
|
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.
2023-1-17 19:02 | |
|
|
Su Zhu and Kyle Davies want to tap into the ballooning crypto claims market by launching their own exchange. The crypto community is not impressed. GTX Three Arrows Capital is...
2023-1-17 18:54 | |
|
|
The bankruptcy case involving the collapsed crypto hedge fund, Three Arrows Capital (3AC) continues to unfold; co-founder Kyle Davis claims that the company’s creditors are ‘frustrated’.
2023-1-12 00:47 | |
|
|
In a recent Twitter thread, Zhu Su claims DCG and FTX directly fueled the collapse of Terra.
2023-1-3 18:46 | |
|
|
The holdings of now-defunct crypto hedge fund Three Arrows Capital (3AC) were worth roughly $1 billion as of July, while its liabilities were over $3 billion, the liquidator paper claims. The liabilities greatly outweigh 3AC’s assets Mid-June saw the collapse…
2022-12-17 21:15 | |
|
|
An internal probe found that risky loans made to 3AC were based on minimal financial disclosures from the hedge fund.
2022-10-19 20:21 | |
|
|
Zhu, whose whereabouts had been unknown for weeks, delivered an affidavit that disputed Teneo claims and elucidated the internal structure of the failed hedge fund.
2022-8-26 20:45 | |
|
|
The creditors of Three Arrows Capital may be left holding the bag, according to a source who claims the hedge fund's exposure to Deribit is only worth $25 million.
2022-7-20 23:30 | |
|
|
The amount is likely understated as many of 3AC's borrowing details remain confidential.
2022-7-20 21:20 | |
|
|
Обанкротившийся хедж-фонд Three Arrows Capital (3AC) задолжал $3,5 млрд десяткам инвесторов, следует из опубликованного судебного документа. Creditor claims pic. twitter. com/toacH54XM1 — db (@tier10k) July 18, 2022 Крупнейшим кредитором 3AC оказалось криптовалютная OTC-платформа Genesis с суммой $2,36 млрд.
2022-7-19 13:51 | |
|
|
Обанкротившийся хедж-фонд Three Arrows Capital (3AC) задолжал $3,5 млрд десяткам инвесторов, следует из опубликованного судебного документа. Creditor claims pic.
2022-7-19 11:50 | |
|
|
Many users' Binance USD balances will automatically be converted into First Digital USD starting on Dec. 31.
The surge suggests significant institutional attention despite the token’s historical association with FTX’s financial challenges.
Crypto exchange Bitget has abandoned plans for a crypto license in Hong Kong, asking users to withdraw their assets by Dec. 13.
The license allows WadzPay to begin preparing to provide virtual asset services and activities under the VASP License for Transfer and Settlement and Broker/Dealer activities.
The Backpack crypto wallet has bagged operational licenses across several jurisdictions worldwide over the past five months, according to the company announcement.
A British investigative firm tracked down stolen funds and convinced the High Court of Singapore to mark the wallets containing the funds permanently with its order.
The freeze resulted from a collaboration between Atomic Wallet, forensic companies and centralized exchanges following reports from users claiming unauthorized transactions from their wallets.