Tags: Kyle davies

Monetary Authority of Singapore Bans 3AC Founders From Engaging in Financial Markets

Legal Twist: Three Arrows Capital Co-Founder‘s Citizenship Renunciation Disrupts Court‘s Jurisdiction in Bankruptcy Case

Three Arrows Capital‘s Kyle Davies Declares Singaporean Residency to Avoid US Courts

Founders of Collapsed Crypto Fund, Three Arrows Capital, Turn to Bali and Shrooms

Kyle Davies and Su Zhu (Kyle Davies/Twitter)

Kyle Davies and Su Zhu (Kyle Davies/Twitter)

Kyle Davies, who created OPNX with 3AC partner Su Zhu, spoke to CoinDesk about their new venture, created in the wake of losing hedge fund customers $2.5 billion.

Davies spoke to CoinDesk from an office in Dubai.

The collapsed hedge fund’s founder Kyle Davies was accused of neglecting his duties as he “shamelessly” promotes his new crypto project.

The co-founders of bankrupt crypto hedge fund 3AC said they are raising $25 million in seed round to "dominate" the crypto claims market and eventually fill the "vacuum left by FTX."