Liquidators of Crypto Fund Three Arrows Seek to Fine Co-Founder $10,000 Per Day

(Bloomberg) -- Liquidators of Three Arrows Capital want a judge to fine a co-founder Kyle Davies $10,000 per day, claiming their ability to unwind the failed cryptocurrency hedge fund has been impeded by his refusal to cooperate with their investigation into the firm’s collapse.Most Read from BloombergAfrica’s Richest City Is Crumbling Under Chaos and CorruptionA Goldman Partner’s Sexually Explicit Video Led to Millions in SettlementCrispin Odey’s One-Week Downfall Was Decades in the MakingAlpha

• 2023-06-17
• Kyle Davies Bloomberg Martin Glenn Liquidators Three Arrows Capital Three Arrows

NFT Artwork Owned by Three Arrows Capital Sells for $6.2 Million at Sotheby's

Ringers #879, a.k.a. "The Goose," sold for over $6.2 million with fees at today's Sotheby's Grails: Part II live auction.

• 2023-06-16
• The Goose NFT Starry Night generative art Sotheby Three Arrows Capital auction house

Arianna Simpson talks crypto at Disrupt and why a16z bets billions

Investing in crypto is not for the faint of heart. The volatile crypto landscape is littered with the remains of high-profile collapses, like Terraform Labs, Three Arrows Capital and FTX. In May 2022, a16z announced a fourth crypto fund to the tune of $4.5 billion, which brings the total amount of funding it has raised for crypto and web3 alone to more than $7.6 billion.

• 2023-05-04
• TechCrunch Disrupt Arianna Simpson Investing in crypto Three Arrows Capital Andreessen Horowitz Terraform Labs

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.

• 2023-05-02
• Kyle Davies Dubai Su Zhu OPNX VARA bankruptcy claims Virtual Assets Regulatory Authority Three Arrows Capital

Major Crypto Firms Deny Investing in OPNX, Distancing From 3AC Founders' Claims About Their Exchange's Backing

OPNX had included DRW and Nascent in list of "major investors" in a tweet earlier Friday.

• 2023-04-22
• Kyle Davies Susquehanna International Group Nascent Three Arrows Capital

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.

• 2023-03-01
• Voyager Digital Three Arrows Capital filing for bankruptcy due-diligence

Crypto Has an Incest Problem

Court filings reveal complex interlocking relations between major crypto firms – with implications for the ecosystem’s resilience, and for customers owed money.

• 2023-02-17
• bankruptcy filing bankruptcy proceedings Alameda Research FTX Three Arrows Capital Voyager Digital bankruptcy filings

Three Arrows Founders Start Crypto Bankruptcy Claims Exchange

The founders of a failed hedge fund have resurfaced with a $25 million crypto-exchange venture that will let users trade bankruptcy claims from insolvent crypto platforms and funds, including their own.

• 2023-02-13
• Three Arrows Three Arrows Capital Su Zhu bankruptcy claims FTX