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Kyle davies
Why ETH ETFs Might Not Get Approved; 3AC's Kyle Davies Not Sorry
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, including a Bloomberg analyst's prediction that ether ETFs likely won’t get approved in May. Plus, 3AC co-founder, Kyle Davies, speaks up about the company's bankruptcy; and Polygon Labs paid $4 million to Starbucks for the coffee company’s now failed Web3 project.
3AC Co-Founder Kyle Davies Says He Won’t Apologize for Crypto Hedge Fund Going 'Bankrupt'
Davies also said he wouldn't return to Singapore "immediately" in order to effectively avoid jail and wait for some sort of settlement.
OPNX Founder Su Zhu Says Shutdown Comes Because FTX Estate Claims Reached 'Recovery'
OPNX's volume peaked at just over $600,000, according to CoinGecko data.
OPNX, the Exchange Built by Founders of Doomed Hedge Fund Three Arrows, Is Shutting Down
Customers were advised to settle their positions by Feb. 7 and withdraw their money by Feb. 14.
Hobbled Crypto Exchange's Creditors Are Suing Its CEO and Want to Claw Back Money From 'Bitcoin Jesus'
CoinFLEX CEO Mark Lamb breached his fiduciary duty when he created a new company, OPNX, with the founders of failed crypto hedge fund Three Arrows Capital, creditors argue. They are also critical of a deal Lamb struck with early BTC evangelist Roger Ver.
Three Arrows Founders Hit With 9-Year Trading Ban in Singapore
MAS has banned the Three Arrows Capital founders from managing, directing, or being a shareholder of any registered capital markets services firm in Singapore.
3AC Founders' OPNX Fined $2.7M by Dubai Crypto Regulator
The exchange co-founded by Kyle Davies, Su Zhu and Mark Lamb was formally reprimanded by the Virtual Assets Regulatory Authority (VARA) in May.
Three Arrows Founders Say They'll Donate Future Earnings to Creditors in Spirit of 'Karma'
Two founders of the bankrupt crypto hedge fund Three Arrows Capital will donate "future earnings" to creditors who lost money after its implosion last year, said Kyle Davies in a Twitter Spaces on Monday. Davies added that "karma" motivates the founders to give back. "The Hash" panel shares their reaction as creditors still nurse their losses from the epic 3AC collapse.
OPNX Files Defamation Lawsuit Against Mike Dudas, Issues Justice Tokens
The bankruptcy claims exchange from Kyle Davies and Su Zhu – the founders of failed hedge fund Three Arrows Capital – has also issued Justice Tokens that offer exposure to defamation lawsuits.
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