3AC’s Su Zhu arrested in Singapore
Su Zhu was arrested at Changi Airport while attempting to leave the country after the Singapore Courts granted a committal order. Go to Source
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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. Go to Source Powered by WPeMatico
PwC hedge fund survey finds crypto remains viable despite recent market turmoil
The portion of traditional hedge funds investing in crypto fell, but many of those still in the market plan to increase crypto investing this year. Go to Source Powered by WPeMatico
3AC liquidators look to recoup $1.3B from founders
The report came exactly one year since a court in the British Virgin Islands ordered Three Arrows Capital into liquidation. Go to Source Powered by WPeMatico
3AC liquidators file motion to hold Kyle Davies in contempt
Civil sanctions against 3AC’s co-founder Kyle Davies include an award of attorneys’ fees and a $10,000 daily fine until compliance with a subpoena. Go to Source Powered by WPeMatico
How crypto funds shape the development of the digital asset market
A look at the role played by crypto funds in providing essential capital and liquidity, propelling the growth and expansion of the crypto market. Go to Source Powered by WPeMatico
3AC founders run into fresh trouble in Dubai over new exchange OPNX
Dubai digital asset regulator claimed that it had sent two cease and desist notices to the exchange in February and an investor alert against it in April. Go to Source Powered by WPeMatico
Crypto news site The Block gets new CEO and reported staff layoffs following admitted ties to SBF
The Block reportedly laid off roughly 33% of its staff including interim CEO Bobby Moran in an effort to stabilize the platform following loans it received from Sam Bankman-Fried. Go to Source Powered by WPeMatico
Transform Ventures launches holding company for blockchain with $100M AUM
Transform Ventures was founded by Michael Terpin, a crypto investor who previously sued a New York teenager for $71.4 million in damages for allegedly snatching cryptocurrency from his phone. Go to Source Powered by WPeMatico
Crypto Biz: Coinbase has a lot at stake
Coinbase says its staking product offerings are different than Kraken’s, which came under SEC scrutiny and resulted in a $30 million fine. Go to Source Powered by WPeMatico