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Tag: OPNX

OPNX, Linked to Three Arrows Capital Founders, to Shut Down Operations

OPNX, a cryptocurrency bankruptcy claims platform initiated by the founders of the now-defunct hedge fund Three Arrows Capital (3AC), has announced it will terminate all operations and close down by February 14th. In a communication to its users, the platform has urgently advised them to settle their positions by February 7th and ensure all funds are withdrawn before the February 14th deadline, after which the withdrawal functionalities will be permanently disabled.

Three Arrows Capital Co-Founder Enjoyed Prison Time Experience!

Su Zhu, co-founder of the defunct crypto hedge fund Three Arrows Capital (3AC), recently described his time in a Singapore prison as surprisingly positive. Released last month, Zhu shared video clips on X about his prison time. He characterized the experience as overall "enjoyable" and beneficial for sleep improvement. Zhu, arrested for non-cooperation in liquidation investigations, is now shifting focus to the new crypto exchange OPNX.