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CryptoCurrency

OPNX: Crypto Exchange of 3AC Co-Founders to Shut Down This Month

The exchange allows trading with cryptocurrencies and bankruptcy claims.
It will close down all operations on February 14.

Friday, 02/02/2024 | 08:29 GMT by Arnab Shome

CryptoCurrency

Crypto Founders’ Assets Frozen amid Hedge Fund Collapse

Court freezes $1.14B of 3AC founders' assets amid liquidation.
In total, the collapsed crypto hedge fund may owe creditors over $3 billion.

Thursday, 21/12/2023 | 16:52 GMT by Damian Chmiel

CryptoCurrency

Singapore's Court Investigates 3AC’s Co-Founder in $3B Legal Tussle

The crypto lender's liquidators have accused Su Zhu of obstructing investigations.
Despite civil proceedings, no criminal charges have been filed against 3AC's executives.

Wednesday, 13/12/2023 | 14:31 GMT by Jared Kirui

CryptoCurrency

Singapore Authorities Arrest Co-Founder of 3AC in Bankruptcy Case

Zhu was arrested for failure to cooperate in bankruptcy proceedings.
3AC's downfall is traced to alleged poor risk management and debt default.

Friday, 29/09/2023 | 17:31 GMT by Jared Kirui

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