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 Three Arrows Capital News
SEC reportedly probing Genesis’ links to the Terra fraud
The digital asset lender has five days from the date of the order to comply by handing over the Securities and Exchange Commission’s requested documents, creating a deadline of October 18.
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.
Barry Silbert sweats as FBI probes Digital Currency Group’s financial transfers
FBI agents interviewed Cameron Winklevoss regarding allegations that Digital Currency Group boss Barry Silbert misrepresented the financial health of DCG’s now-bankrupt lending arm Genesis Global Capital.
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.
The CoinDesk sale: Chickens coming home to roost
The CoinDesk sale is a significant event in the blockchain economy—a wake-up call for the community and a reminder that accountability is essential in any industry, including the blockchain industry.
Cameron Winklevoss slams Barry Silbert and SEC, defends poison Kool-Aid
Cameron Winklevoss tweeted 'An Open Letter to DCG boss Barry Silbert,' whose troubled Genesis Global Capital offshoot filed for bankruptcy protection in January.
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.
Wyre is the next digital currency company to shut down
Withdrawals in Wyre will be available until July 14, after which there will be a recovery process for the digital currency that remains on its platforms.
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.