Altcoins
OPNX exchange to cease operations
OPNX, founded by Su Zhu, ceases operations due to FTX estate's recovery claims.
SlamX
Lens
Three Arrows Capital
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Regulation
SBF conviction closes “dark chapter” in crypto: Yat Siu
Siu said this marks the crypto industry’s evolution from the FTX collapse and the Terra-Luna meltdown.
Zoltan Vardai
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NFTs and Art
Sotheby’s to auction off NFTs owned by defunct hedge fund Three Arrows Capital
Leading auction house Sotheby’s said it will sell NFT artworks owned by the bankrupt crypto hedge fund Three Arrows Capital.
Danny Park
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Altcoins
Bankrupt crypto lender 3AC’s liquidators set to dump millions worth of seized NFTs
Teneo, the liquidator of the bankrupt crypto lender Three Arrows Capital plans to sell non-fungible tokens estimated to be worth millions of dollars.
Dylan Butts
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Regulation
Judge approves subpoenas for 3AC cofounders
A federal judge overseeing the bankruptcy proceedings of Three Arrows Capital (3AC) has approved the delivery of subpoenas to 3AC’s cofounders, Su Zhu and Kyle Davies.
Zoltan Vardai
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Regulation
CFTC, SEC investigate if bankrupt 3AC misled investors, failed to register business
The Commodity Futures Trading Commission and the Securities and Exchange Commission of the U.S. are investigating whether bankrupt crypto hedge fund Three Arrows Capital (3AC) misled investors about its balance sheet and failed to register with the two agencies, according to a Bloomberg report which cites two people familiar with the matter. See related article: […]
Lachlan Keller
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Regulation
What in crypto hell just happened to all your money?
Crypto investors were blindsided when firms like Voyager suddenly froze their accounts. How can we improve digital asset protection in the future?
Michael Shing
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Bitcoin News
Crypto lender Genesis cuts staff, CEO exits amid executive shuffle
Cryptocurrency brokerage Genesis announced its CEO Michael Moro will step down as it reshuffles its executive team, while a 20% layoff of its 260-person workforce is being widely reported. See related article: BIS, HKMA partner on Project Genesis to tokenize green bonds Fast facts Chief operating officer Derar Islim will take over as CEO on […]
Ningwei Qin
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Altcoins
Court allows Voyager Digital to return US$270 mln in custodial account to customers
A U.S. bankruptcy court in New York approved crypto platform Voyager Digital’s request to return to customers US$270 million held in a custodial account at Metropolitan Commercial Bank (MCB), the Wall Street Journal reported. See related article: Voyager crypto refund plan unconfirmed; fiat to be returned in full Fast facts The funds at the MCB […]
Monika Ghosh
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Regulation
Key TPS Capital staffer departs as firm distances itself from 3AC: report
Stefan Chu, who used to head over-the-counter (OTC) trading at TPS Capital, has left the organization as the company seeks to distance itself from the bankrupt hedge fund Three Arrows Capital (3AC), according to a report by The Block. See related article: MAS takes aim at Three Arrows Capital, does not impose penalty Fast facts […]
Pradipta Mukherjee
