3AC


Videos

Sotheby’s to Auction Off More NFTs Seized From 3AC, Including Landmark Dmitri Cherniak Work

Sotheby's is set to auction off more non-fungible tokens (NFTs) seized from bankrupt crypto hedge fund Three Arrows Capital (3AC), bringing high-value NFTs like Dmitri Cherniak's Ringers #879 (often referred to as "The Goose") out from the vault for the first time since 2021. "The Hash" panel discusses the latest move potentially bringing crypto and digital collectibles to the mainstream.

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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.

Dmitri Cherniak's Ringers #879 "The Goose" (Sotheby's)

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Sotheby's Auctions Part of 3AC's Rare NFT Collection, Bringing In $2.4 Million

The highest-priced NFTs from Part 1 of the Grails collection are Fidenza #725 and Autoglyph #187.

NFTs from Sotheby's Grails Part 1. L: Autoglyph #187, R: Fidenza #725. (Larva Labs/Art Blocks, modified by CoinDesk)

Videos

Su Zhu Obtains Restraining Order Against Arthur Hayes From a Singapore Court

Su Zhu, a co-founder of defunct crypto hedge fund Three Arrows Capital (3AC), has obtained a restraining order against Arthur Hayes, a co-founder of the BitMEX trading platform, from a Singapore court. "The Hash" panel discusses the latest developments as the order states the ruling can be served to Hayes via his Twitter account.

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Policy

Three Arrows Founder Su Zhu Obtains Singapore Restraining Order Against Arthur Hayes Over 'Harassment'

Hayes has been tweeting at the founder of the collapsed crypto fund to return some $6 million he says he's owed.

Arthur Hayes, former CEO of BitMEX (CoinDesk)

Videos

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

According to an official notice, OPNX has been formally reprimanded by Dubai's crypto regulator for operating an unregulated exchange. CoinDesk's Jack Schickler discusses what the April 18th notice means for the bankruptcy claims exchange set up by the founders of collapsed hedge fund Three Arrows Capital (3AC).

CoinDesk placeholder image

Policy

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

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

Kyle Davies (left) and Su Zhu (middle). (Kyle Davies/X)

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Sotheby's Auctioning Rare NFTs From 3AC's Seized Collection

The auction house said that Three Arrows Capital's Grails collection includes "some of the most significant digital artworks ever assembled."

Dmitri Cherniak, Ringers #879 (The Golden Goose)

Finance

Crypto Lender Voyager Received Single-Page Value Statement From Hedge Fund Three Arrows Capital

Court documents show the level of due diligence carried out by Voyager Digital with regard to its investment in 3AC.

(Michal Jarmoluk/Pixabay)

Web3

3AC Liquidators to Sell Multimillion-Dollar Portfolio of Seized NFTs

Teneo, the liquidator for the bankrupt crypto hedge fund, has listed out hundreds of NFTs that are subject to a forthcoming sale.

(Alan Schein/Getty Images)

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