CoinFLEX CEO Mark Lamb breached his fiduciary duty when he created a new company, OPNX, with the founders of failed crypto hedge fund Three Arrows Capital, creditors argue. Th...
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 def...
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...
Bankruptcy claims exchange OPNX has issued a new governance token dubbed "Open Exchange token" (OX), which is designed to reduce trading fees on the platform. The platform's e...
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 action by the Virtual Assets Regulatory Authority targeting Kyle Davies, Su Zhu and others follows two cease-and-desist letters for operating an unregulated exchange.