CoinFLEX creditors sue ex-CEO for helping Roger Ver avoid $84M debt
CoinFLEX creditors launch a legal battle against former CEO Mark Lamb for allegedly teaming up with 3AC founders in using their assets as their "personal piggy bank."
Latest Kyle Davies News
3AC’s Su Zhu jailed for four months after trying to flee Singapore
Court-appointed liquidator Teneo announced that Su Zhu had been “apprehended at Changi Airport whilst attempting to travel out of Singapore following a committal order granted by the Singapore Courts against him.”
3AC founders hit with 9-year capital markets ban in Singapore
Kyle Davies and Zhu Su lied to Monetary Authority of Singapore, failed to notify the watchdog about changes in directorship, and failed to implement a risk management framework, according to the prohibition order.
OPNX violations land 3AC founders with $2.7M fine by Dubai’s VARA
Dubai's VARA fines Three Arrows Capital founders $2.7 million for OPNX exchange violations and imposes fines on individual executives for breaching digital asset promotion rules.
3AC founder Kyle Davies tells court he has renounced US citizenship
Responding to subpoenas issued by a U.S. court, Davies claimed that he ignored the summons since they were not validly served after he renounced his U.S. citizenship.
3AC liquidators seeking $1.3 billion from founders: report
The liquidators from Teneo say the $1.3 billion is the figure reflecting the losses that Su Zhu and Kyle Davies racked up before Three Arrows Capital collapsed, Bloomberg reports.
3AC liquidators want founder Kyle Davies held in contempt and pay $10k daily fine
Kyle Davies was served via Twitter in January but has failed to comply with the subpoena, sought solace in Indonesia and Dubai, and started a new venture, according to the filing.
3AC founders draw ire of Dubai regulator over new project
VARA notes that OPNX crossed its radar in February when the project began collecting personal data from customers, and in its latest advisory, the regulator stated that it would closely monitor OPNX.
3AC’s Kyle Davies given 7 days to comply with subpoena or be held in contempt
The subpoena ordered Kyle Davies to provide the liquidators with private keys, seed phrases and other related documents relevant to the 3AC liquidation process.
3AC co-founders ‘shamelessly’ refuse to comply with subpoena, liquidators say
The liquidators say that while the two Three Arrows Capital founders have been active on Twitter and even working on a new exchange, they refuse to comply with a subpoena.
Three Arrows Capital, CoinFLEX founders plot ‘crypto claims’ exchange
3AC's Kyle Davies and Su Zhu are teaming up with CoinFLEX co-founders for a $25-million “crypto claims market" GTX, but several key players doubt its authenticity.
DCG involvement in 3AC, FTX collapses raise prospect of billion dollar clawbacks
3AC founders came out swinging against SBF's FTX and DCG's Barry Silbert, accusing the two of colluding to attack Terra and, by extension, 3AC, as well as engaging in a Ponzi scheme.