Three Arrows Capital


Videos

Outlook for Singapore's Crypto Industry After Terraform Labs, 3AC Implosions

Zhuling Chen, founder and CEO of RockX, discusses the lessons learned after the collapse of crypto darlings Terraform Labs and Three Arrows Capital. “It was an alert to everyone, both to the government and also to people that were embracing the innovations,” Chen said.

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Finance

Three Arrows Capital Liquidators Seek $1.3B From Bankrupt Hedge Fund's Founders: Bloomberg

The fund founded by Su Zhu and Kyle Davies suffered big losses on the collapse of the Terra ecosystem starting in May 2022 and took on additional leverage despite already being insolvent, the liquidators say.

Three Arrows (QuinceCreative/Pixabay)

Finance

OPNX Files Defamation Lawsuit Against Mike Dudas, Issues Justice Tokens

The bankruptcy claims exchange from Kyle Davies and Su Zhu – the founders of failed hedge fund Three Arrows Capital – has also issued Justice Tokens that offer exposure to defamation lawsuits.

Kyle Davies (left) and Su Zhu (middle). (Kyle Davies/X)

Finance

Bankrupt Hedge Fund 3AC's Return as a VC Stirring Up Crypto Community

3AC co-founder Kyle Davies told CoinDesk that the new entity aims to provide support for projects that are building for a decentralized future, but skeptics have recalled the original firm’s tainted past.

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Web3

Sotheby's Second 3AC NFT Sale Nets $10.9M, With 'The Goose' Alone Netting $6.2M

Ringers #879, a seminal NFT artwork often referred to as "The Goose," far outpaced estimates and sold for $6.2 million.

Dmitri Cherniak's Ringers #879 "The Goose" and Tyler Hobbs' Fidenza #479. (Sotheby's)

Policy

3AC Seeks Contempt of Court Ruling on Founder Kyle Davies for Failing to Respond

Ignoring a subpoena warrants a fine of $10,000 per day, the estate of his hedge fund argues

Kyle Davies (left) and Su Zhu (middle). (Kyle Davies/X)

Web3

Sotheby's Second 3AC NFT Auction Includes Landmark Dmitri Cherniak Work

"The Goose" by the generative artist was purchased by 3AC co-founders Su Zhu and Kyle Davies in August 2021 for about $5.8 million.

Dmitri Cherniak's Ringers #879 "The Goose" (Sotheby's)

Web3

Sotheby's Auctions Part of 3AC's Rare NFT Collection, Bringing In $2.4 Million

The highest-priced NFTs from Part 1 of the Grails collection are Fidenza #725 and Autoglyph #187.

NFTs from Sotheby's Grails Part 1. L: Autoglyph #187, R: Fidenza #725. (Larva Labs/Art Blocks, modified by CoinDesk)

Videos

Su Zhu Obtains Restraining Order Against Arthur Hayes From a Singapore Court

Su Zhu, a co-founder of defunct crypto hedge fund Three Arrows Capital (3AC), has obtained a restraining order against Arthur Hayes, a co-founder of the BitMEX trading platform, from a Singapore court. "The Hash" panel discusses the latest developments as the order states the ruling can be served to Hayes via his Twitter account.

Recent Videos

Videos

3AC Founders’ OPNX Exchange Formally Reprimanded by Dubai Crypto Regulator

According to an official notice, OPNX has been formally reprimanded by Dubai's crypto regulator for operating an unregulated exchange. CoinDesk's Jack Schickler discusses what the April 18th notice means for the bankruptcy claims exchange set up by the founders of collapsed hedge fund Three Arrows Capital (3AC).

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