3AC co-founder rejects jurisdiction of bankruptcy court, claiming he renounced US citizenship

As Singapore does not allow dual nationality, 3AC co-founder Kyle Davies said he chose to renounce his U.S. citizenship after getting married and receiving permanent residency.

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Only In Crypto: Bankrupt 3AC Founders Launch ‘Justice’ Token Targeted At Terra (LUNA) Whistleblower

The controversial founders of now-bankrupt cryptocurrency hedge fund Three Arrows Capital (3AC), Zhu Su and Kyle Davies, have announced the launch of a new ‘Justice’ token, targeted specifically at the whistleblower who outed Terraform Labs.

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Shadow Recovery Process: Kyle Davies Plans to Donate OPNX Earnings to 3AC Victims

Kyle Davies, co-founder of bankrupt hedge fund Three Arrow Capital, plans to donate future earnings from his new venture, Open Exchange (OPNX), to the 3AC creditors. The post Shadow Recovery Process: Kyle Davies Plans to Donate OPNX Earnings to 3AC Victims appeared first on BeInCrypto.

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3AC Founders Pledge To Donate OPNX Future Earnings To Creditors

3AC co-founders, Kyle Davies and Su Zhu, once at the helm of a now-bankrupt hedge fund, have embarked on a new journey in the realm of cryptocurrencies with their recent launch of the crypto exchange OPNX.

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Liquidators demand $1.3m from Three Arrows Capital founders

The liquidators of the bankrupt ‘digital currency’ hedge fund Three Arrows Capital (3AC) seek $1.3 billion from its founders, Zhu Su and Kyle Davies. According to sources, the New York advisory firm Teneo, appointed as liquidators, alleges that the requested…

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Bankrupt Hedge Fund 3AC's Return as a VC Stirring Up Crypto Community

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.

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Dmitri Cherniak's 'The Goose' NFT Sells at Sotheby's Auction for $6.2M

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.

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3AC Seeks Contempt of Court Ruling on Founder Kyle Davies for Failing to Respond

Ignoring a subpoena warrants a fine of $10,000 per day, the estate of his hedge fund argues

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Sotheby's Second 3AC NFT Auction Includes Landmark Dmitri Cherniak Work

"The Goose" by the generative artist was purchased by 3AC co-founders Su Zhu and Kyle Davies in August 2021 for about $5.8 million.

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Dubai crypto regulator sends reprimand letter to OPNX founders

Recently uncovered reports indicate that Dubai authorities have reprimanded 3AC co-founders for illegally promoting the OPNX exchange. 3AC founders oversaw the fall of one of the largest crypto hedge funds last year.

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3AC Founders’ OPNX Exchange Formally Reprimanded by Dubai Crypto Regulator

The action by the Virtual Assets Regulation Authority targeting Kyle Davies, Su Zhu and others follows two cease-and-desist letters for operating an unregulated exchange.

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3AC Founders' Platform Says It Raised Funds From Top VCs, Some of Them Denied Investing in OPNX

OPNX, novel cryptocurrency exchange founded by Su Zhu and Kyle Davies of collapsed asset manager Three Arrows Capital, found itself in hot water

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3AC cooks up a storm, Bitcoin miner surges 360%, Bruce Lee NFTs dive: Asia Express

3AC’s Kyle Davies becomes a connoisseur of white poultry, meanwhile SAI.TECH’s stock more than doubles on no news as Bruce Lee NFTs flunk.

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FLEX jumps 7% as 3AC cofounders OPNX exchange goes live

CoinFLEX’s FLEX token increased by more than 7% to $2.73 after Three Arrows Capital’s (3AC) cofounders — Kyle Davies and Su Zhu’s —  new Open Exchange (OPNX) went live earlier. The post FLEX jumps 7% as 3AC cofounders OPNX exchange goes live appeared first on CryptoSlate.

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Sam Bankman-Fried Pleads Not Guilty to Bribery as 3AC Founder Given Ultimatum

Sam Bankman-Fried pleads not guilty to a thirteenth criminal charge as Three Arrows co-founder Kyle Davies has two-week deadline to respond to subpoena. The post Sam Bankman-Fried Pleads Not Guilty to Bribery as 3AC Founder Given Ultimatum appeared first on BeInCrypto.

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Three Arrows Capital's Kyle Davies Ordered to Respond to Subpoena Within 2 Weeks

The court also ruled that the 3AC liquidators' service of a subpoena to Davies via Twitter complied with due process.

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3AC co-founder can answer subpoena or 'take his chances' — US judge

The U.S. judge presiding over the Three Arrows Capital bankruptcy case has upped the pressure on Kyle Davies to comply with a January-issued subpoena.

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3AC founders launch new crypto exchange amidst backlash

3AC founders Su Zhu and Kyle Davies are launching a new crypto exchange. The founders have teamed up with CoinFLEX's Mark Lamb for their new venture. In an interesting turn of events, Su ZhuThe post 3AC founders launch new crypto exchange amidst backlash appeared first on AMBCrypto.

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3AC co-founders launch marketplace to trade crypto claims

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.

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3AC Co-Founder Refuses to Cooperate With Liquidators, Ignores Subpoena Request

Liquidators for bankrupt crypto hedge fund Three Arrows Capital (3AC) have called out co-founder Kyle L. Davies for failing to cooperate. The post 3AC Co-Founder Refuses to Cooperate With Liquidators, Ignores Subpoena Request appeared first on BeInCrypto.

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3AC founder has 'chosen to ignore his duties' by not responding to subpoena, say bankruptcy lawyers

According to the filing, Kyle Davies was “without question” aware of the subpoena posted to Twitter, citing the 3AC founder's online activity and attempts to raise funds for GTX.

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3AC liquidators files against Kyle Davies for ignoring Subpoena order

Three Arrows Capital (3AC) liquidators alleged that 3AC co-founder  Kyle Davis has openly ignored the court’s subpoena order, however, a motion was filed to extend the deadline till March 16.

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3AC founder failed to comply with subpoena, promoting new venture instead

The Three Arrows Founder, Kyle Davies, has been accused of ignoring Twitter subpoenas as he shamelessly markets his new venture, another crypto project.

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After FTX Comes GTX: Failed 3AC Founders Set To Float New Exchange

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Disgraced 3AC Founders Are Launching a New Project Called GTX, Seeking $25M in Funding

The 3AC founders, Su Zhu and Kyle Davies want to raise $25 million for their new exchange – GTX. Is it the next FTX? The post Disgraced 3AC Founders Are Launching a New Project Called GTX, Seeking $25M in Funding appeared first on BeInCrypto.

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3AC Founders Want to Launch a New Crypto Exchange

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...

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3AC, CoinFLEX co-founders looking to raise $25M for new crypto exchange

Defunct Three Arrows Capital’s (3AC) co-founders Kyle Davies and Su Zhu — along with CoinFLEX co-founders Mark Lamb and Sudhu Arumugam — are looking to raise about $25 million to launch a new crypto exchange called  GTX.

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Three Arrows Capital creditors express frustration with bankruptcy process during call

3AC co-founder Kyle Davies announced regular meetings with creditors, noting that all involved parties are welcome to attend.

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3AC Founder Subpoenaed on Social Media After Constantly Tweeting Following Bankruptcy

The United States Bankruptcy Court subpoenaed Three Arrows Capital co-founder Kyle Davies on Twitter to produce vital company documents. The post 3AC Founder Subpoenaed on Social Media After Constantly Tweeting Following Bankruptcy appeared first on BeInCrypto.

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Three Arrows Capital founders subpoenaed on Twitter

3AC founders Zhu Su and Kyle Davies have been ordered to provide all documents in their possession or control, regardless of whether the information is held by them directly or is in control of a third party.

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3AC bankruptcy process faces challenges amid unknown whereabouts of founders

The liquidators claim Su Zhu and Kyle Davies are located in Indonesia and the United Arab Emirates, where foreign court orders are difficult to enforce.

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FTX collapse: 3AC co-founder Kyle Davies says ‘we’re looking forward to justice’

Speaking to CNBC about the FTX collapse, Three Arrow Capital co-founder Kyle Davies slighted the bankrupt exchange by saying: “In the trueness of time, we will find out the truth and we’re looking forward to justice.

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3AC founder believes FTX’s troubles are similar to Luna’s

Kyle Davies revealed his thoughts about the ongoing FTX saga by comparing it to the previous Luna woes that disrupted the crypto ecosystem. Furthermore, another co-founder of 3AC joined in and displayed comments highlighting FTX’s shady capital, which was sugar-coated…

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Three Arrows Capital’s founders resurface; hint at relocating to Dubai

Su Zhu and Kyle Davies, the escaping co-founders of Three Arrows Capital (3AC) have shown up to share their side of the story relating to 3AC’s collapse. The post Three Arrows Capital’s founders resurface; hint at relocating to Dubai appeared first on CryptoSlate.

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3AC Founders Finally Speak Out about Hedge Fund's Implosion

3AC's Kyle Davies and Su Zhu have finally broken their silence after their hedge fund filed for bankruptcy earlier this month

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Crypto Biz: 3AC’s founders are nowhere to be found

Liquidators don't know the whereabouts of Kyle Davies and Su Zhu. Meanwhile, Grayscale's legal officer says the asset manager's lawsuit against the SEC could take a while to play out.

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Liquidators can subpoena 3AC founders despite 'tricky issues' with crypto assets

The counsel for liquidators said he didn’t know the current location of Zhu or Davies, alleging the duo have not provided "meaningful cooperation" with the liquidators.

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Three Arrows Capital weighs bailout as Kyle Davies breaks silence: Report

All options are on the table for 3AC after this week’s crypto market collapse triggered mass liquidations for the hedge fund.

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Three Arrows Capital to seek bailout or asset sale

Kyle Davies, one of the co-founders of Three Arrows CAPITAL (3AC), has said that…

The post Three Arrows Capital to seek bailout or asset sale appeared first on CoinJournal.

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Crypto Firm Three Arrows Capital Considers Bailout, Hires Financial Advisers

Per a report from The Wall Street Journal, proprietary crypto trading firm Three Arrows Capital (3AC) has confirmed the rumors about its insolvency. The firm has hired a legal and financial team of advisors to “work out a solution for its investors and lenders”, as stated by 3AC co-founder Kyle Davies. Related Reading | Is Elon […]

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Troubled Crypto Giant 3AC Weighing Asset Sales, Bailout Options: WSJ

Three Arrows Capital has reportedly hired legal and financial advisors to help it establish a plan to pay back investors and lenders. Zhu and Davies Mulling Bailout Three Arrows Capital...

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Su Zhu Says 3AC Is “Committed to Working This Out” as Wipeout Rumors Rage

Su Zhu and Kyle Davies’ Three Arrows Capital is one of crypto’s most respected hedge funds. Su Zhu Speaks Out Three Arrows Capital co-founder Su Zhu has broken his silence...

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