"Enjoyable Experience": Crypto Founder Who Had The "Best Sleep" Of His Life In Jail
indiatimes.com/news/world/crypto-founder-had-the-best-sleep-of-his-life-in-jail-626258.html
3AC, FTX Creditors Get Some Relief From Sam Altman’s Worldcoin ($WLD) Rally: It’s been a testing year for creditors of bankrupt investment firms Three Arrows ...
bloomberg.com/news/articles/2024-02-20/sam-altman-s-worldcoin-wld-rally-brings-relief-to-3ac-ftx-creditors
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After disgraced crypto entrepreneur’s ‘enjoyable’ Singapore prison experience, focus turns to exchange in Hong Kong
scmp.com/tech/tech-trends/article/3249779/after-disgraced-crypto-entrepreneurs-enjoyable-singapore-prison-experience-focus-turns-exchange-hong
Three Arrows co-founders’ $1.33 billion in assets frozen by court: Three Arrows, once among the largest crypto-native hedge funds, imploded in 2022 after a ...
straitstimes.com/business/three-arrows-co-founders-133-billion-in-assets-frozen-by-court
URA looking into use of Zhu Su’s GCB by urban farming company: The urban farm in Yarwood Avenue is managed by Abundant Cities, a company co-founded by Zhu’s wife ...
straitstimes.com/business/ura-looking-into-use-of-zhu-su-s-gcb-by-urban-farming-company
Singapore tip-off led to arrest of Three Arrows co-founder Zhu Su, sources say: Liquidators tipped police off on Sept 29 that Zhu was headed to Changi Airport ...
straitstimes.com/business/singapore-tip-off-led-to-arrest-of-three-arrows-co-founder-zhu-su-sources-say
Crypto lender BlockFi begins post-bankruptcy wind-down: BlockFi emerged from bankruptcy on Tuesday, saying it will wind down operations and begin returning ...
reuters.com/technology/crypto-lender-blockfi-emerges-bankruptcy-2023-10-24/
Singapore Rethinks Its Crypto Industry After Three Arrows, Terraform Collapse: During the great pandemic-era Bitcoin boom, Singapore established itself as one of ...
bloomberg.com/news/articles/2023-11-02/singapore-reshapes-crypto-hub-after-three-arrows-terra-setbacks
Good class bungalow of Three Arrows’ Zhu Su being used for wife’s urban farming company
straitstimes.com/singapore/housing/gcb-of-three-arrows-zhu-su-being-used-for-wife-s-urban-farming-company
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Singapore police confirm arrest of "36-year-old man", responding to query on reported arrest of 3AC's founder
reuters.com/world/asia-pacific/singapore-police-confirm-arrest-36-year-old-man-responding-query-reported-arrest-2023-10-05/
Three Arrows Capital co-founder Zhu apprehended in Singapore -liquidators: Su Zhu, one of the founders of bankrupt crypto hedge fund Three Arrows Capital ...
reuters.com/world/asia-pacific/three-arrows-capital-co-founder-zhu-apprehended-singapore-2023-09-29/
Quick Glance: Co-founder of Three Arrows Capital apprehended in Singapore
- Su Zhu, one of the founders of the bankrupt crypto hedge fund Three Arrows Capital, has been arrested at Changi Airport in Singapore.
- Zhu will spend four months in prison due to an order to cooperate with the investigations into Three Arrows Capital.
- A similar order has also been issued for Kyle Davies, Zhu's co-founder, but his whereabouts are unknown.
- Reuters was unable to immediately confirm Zhu's arrest.
Singapore c.bank bars 3AC founders from market activity: Singapore's central bank said on Thursday it has barred the founders of bankrupt cryptocurrency hedge ...
reuters.com/markets/asia/singapore-cbank-bars-3ac-founders-market-activity-2023-09-14/
Quick Glance: Singapore Central Bank Bans 3AC Founders from Market Activity
- The Monetary Authority of Singapore (MAS) has barred the founders of bankrupt cryptocurrency hedge fund Three Arrows Capital (3AC) from market activity in Singapore for nine years.
- Effective from September 13, MAS has issued orders prohibiting Zhu Su and Kyle Livingston Davies from performing any regulated activity and managing any capital market services firms in Singapore.
Singapore's MAS Bans Crypto Hedge Fund Three Arrows' Su Zhu, Kyle Davies
bloomberg.com/news/articles/2023-09-14/singapore-bans-zhu-davies-over-crypto-hedge-fund-three-arrows
Cryptoverse: Venture capital still haunted by crypto chaos: For venture capitalists, the scars of bitcoin's disastrous 2022 run deep.
reuters.com/technology/cryptoverse-venture-capital-still-haunted-by-crypto-chaos-2023-09-05/
Quick Glance: Only 6 Bitcoin Billionaires Worldwide: New Study Reveals Top Position
- According to the report, six of the world's crypto billionaires achieved their status by holding Bitcoin.
- Only 0.000003% of Bitcoin owners have Bitcoin assets worth over $1 billion.
- 0.02% of global crypto investors own cryptocurrencies worth at least $1 million.
- 78 individuals derived their wealth from Bitcoin and 182 from any form of cryptocurrency.
Genesis Global Capital seeks to recoup over $600 mln unpaid DCG loans: Digital Currency Group was sued on Wednesday by its bankrupt Genesis Global Capital ...
reuters.com/legal/genesis-global-capital-seeks-recoup-over-600-mln-unpaid-dcg-loans-2023-09-06/
Singapore opens to stablecoins – once they jump through some hoops: After regulators are done with them, providers will look a lot like boring old banks
theregister.com/2023/08/16/singapore_oks_stablecoins/
OPNX’s $30 Million Crypto Bid for Hodlnaut Rebuffed Due to “Illiquid” FLEX Token: The interim judicial managers of embattled crypto lender Hodlnaut have opposed ...
bloomberg.com/news/articles/2023-09-19/opnx-s-30-million-crypto-bid-for-hodlnaut-rebuffed-due-to-illiquid-flex-token
OPNX Exchange Touted by Three Arrows Founders Bids for Hodlnaut: A digital-asset exchange linked to the founders of failed hedge fund Three Arrows Capital is ...
bloomberg.com/news/articles/2023-08-06/opnx-exchange-touted-by-three-arrows-founders-bids-for-hodlnaut
Kyle Davies of Crypto Hedge Fund 3AC Beats Fine Over Twitter Subpoena: A co-founder of bankrupt crypto hedge fund Three Arrows Capital dodged having to pay a ...
bloomberg.com/news/articles/2023-08-11/kyle-davies-of-crypto-hedge-fund-3ac-beats-fine-over-twitter-subpoena
Crypto firm Gemini sues DCG after conflict over unit's restructuring deal: Cryptocurrency exchange Gemini, the largest creditor of bankrupt crypto lending firm ...
reuters.com/legal/crypto-firm-gemini-sues-genesis-owner-dcg-2023-07-07/
Three Arrows Liquidators Seek $1.3 Billion From Fund’s Founders: Three Arrows Capital liquidators are seeking to recover $1.3 billion from the co-founders of the ...
bloomberg.com/news/articles/2023-06-27/three-arrows-liquidators-seek-1-3-billion-from-fund-s-founders
Silbert’s Crypto Empire DCG Faces NY Attorney General Probe Over Genesis Ties: Barry Silbert’s crypto empire, Digital Currency Group, is facing another probe ...
bloomberg.com/news/articles/2023-08-04/dcg-probes-grow-as-ny-attorney-general-seeks-genesis-information
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NFTs belonging to bankrupt crypto firm fetch nearly $2.5 mln at auction: Auction house Sotheby's announced Friday seven non-fungible tokens from bankrupt ...
reuters.com/technology/nfts-belonging-bankrupt-crypto-firm-fetch-nearly-25-mln-auction-2023-05-20/
Liquidators of Crypto Fund Three Arrows Seek to Fine Co-Founder $10,000 Per Day: Liquidators of Three Arrows Capital want a judge to fine a co-founder Kyle ...
bloomberg.com/news/articles/2023-06-16/three-arrows-liquidators-seek-to-fine-co-founder-10-000-per-day
Dubai Reprimands Three Arrows Founders Over New Crypto Project: Dubai authorities reprimanded the co-founders of failed crypto hedge fund Three Arrows Capital ...
bloomberg.com/news/articles/2023-05-02/dubai-reprimands-three-arrows-founders-over-new-crypto-project
NFTs Tied Up in Three Arrows Collapse to Be Sold By Sotheby’s: Sotheby’s is preparing to sell a collection of digital art recovered by liquidators unwinding ...
bloomberg.com/news/articles/2023-04-19/nfts-tied-up-in-three-arrows-collapse-to-be-sold-by-sotheby-s
Visa, Mastercard pause new crypto work after industry suffers collapses: Visa and Mastercard want to see improvement in the crypto market and the regulatory ...
markets.businessinsider.com/news/currencies/visa-mastercard-pause-new-crypto-partnerships-industry-collapses-ftx-bankruptcy-2023-2
Bankrupt crypto lender Genesis optimistic it can resolve creditor disputes: A lawyer for the bankrupt Genesis Global Capital said on Monday that the ...
reuters.com/technology/bankrupt-crypto-lender-genesis-optimistic-it-can-resolve-creditor-disputes-2023-01-23/
Founders of failed crypto fund Three Arrows Capital looking to raise $33m for new venture
straitstimes.com/business/founders-of-failed-crypto-fund-three-arrows-capital-looking-to-raise-33m-for-new-venture
FTX sues Voyager Digital to claw back $446 million in 2022 loan payments: Bankrupt crypto exchange FTX sued crypto lender Voyager Digital on Monday ...
reuters.com/legal/ftx-sues-voyager-digital-claw-back-446-million-2022-loan-payments-2023-01-31/
Crypto lending unit of Genesis files for U.S. bankruptcy: The lending unit of crypto firm Genesis filed for U.S. bankruptcy protection on Thursday ...
reuters.com/technology/crypto-lending-unit-genesis-files-us-bankruptcy-2023-01-20/
Quick Glance: Genesis, a cryptocurrency lending company, declares bankruptcy.
- Genesis, a cryptocurrency lending and trading firm, has declared bankruptcy after stopping loan withdrawals in November.
- The Financial Times reported earlier this month that Genesis owes over $3 billion to creditors, including almost a billion to users of the Winklevoss twins' cryptocurrency exchange Gemini.
- "It's possible Genesis' fall could spread the crypto contagion further"
- "An in-court restructuring presents the most effective avenue through which to preserve assets and create the best possible outcome for all Genesis stakeholders."
Factbox: Crypto's string of bankruptcies: The lending unit of U.S. crypto firm Genesis filed for U.S. bankruptcy protection on Thursday ...
reuters.com/business/finance/cryptos-string-bankruptcies-2023-01-20/
Commentary: The clowns of cryptoland haven’t given up: Disgraced crypto co-founders are looking to make money from the failings that they themselves have been ...
channelnewsasia.com/commentary/crypto-exchange-crash-ftx-three-arrows-bankrupt-fraud-lawsuit-3220416
Founders of bankrupt Three Arrows Capital pitch new platform for crypto debt claims
cnbc.com/2023/01/16/founders-of-three-arrows-capital-pitch-platform-for-crypto-bankruptcy-claims.html
Silvergate Capital shares sink as crypto-related deposits plunge by $8 bln: Silvergate Capital Corp (SI.N) reported a sharp drop in fourth-quarter crypto-related ...
reuters.com/technology/silvergate-capitals-crypto-related-deposits-plunge-fourth-quarter-2023-01-05/
Gemini's Winklevoss calls for removal of DCG chief Barry Silbert: Cameron Winklevoss, co-founder of cryptocurrency exchange Gemini, called for the removal of ...
reuters.com/business/finance/geminis-winklevoss-calls-removal-dcg-chief-barry-silbert-2023-01-10/
Crypto Lender Genesis Considers Bankruptcy, Lays Off 30% of Staff: Firm suffered steep losses from loans it supplied to Alameda, Three Arrows
wsj.com/articles/crypto-lender-genesis-lays-off-30-of-staff-11672939434
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Quick Glance: Genesis reduces personnel by 30% as its lending arm suffers a liquidity issue
- Genesis Global Capital, the firm's lending division, froze customer withdrawals in November after crypto exchange FTX declared bankruptcy, claiming "unprecedented market turmoil."
- Derar Islim, interim CEO of Genesis, informed clients on Wednesday that the company's lending unit required more time to assess its financial status.
- According to the spokeswoman, Islim was alluding to Thursday's layoffs in part in this letter."As a key element in this process, we have made significant progress in refining our business plans for Genesis' client offerings," Islim said in a statement, adding that the company's spot and derivatives trading services are still fully operational.
SEC Charges Crypto Companies With Offering Unregistered Securities: The S.E.C. charged Genesis Global Capital and Gemini Trust, which is run by Cameron and Tyler ...
nytimes.com/2023/01/12/technology/sec-crypto-gemini-genesis.html
Gemini's Winklevoss accuses crypto mogul Silbert of 'bad faith stalling tactics' over frozen funds
cnbc.com/2023/01/03/genesis-cameron-winklevoss-and-dcgs-barry-silbert-spar-over-frozen-funds.html
Crypto lender Genesis files for bankruptcy as FTX fallout continues: Genesis has more than 100,000 creditors, with assets and liabilities ranging between $1 ...
markets.businessinsider.com/news/currencies/crypto-giant-genesis-files-bankruptcy-chapter-11-ftx-collapse-2023-1
Three Arrows Capital says its founders still not cooperating with asset recovery: Liquidators for bankrupt crypto hedge fund Three Arrows Capital(3AC) said on ...
reuters.com/technology/bankrupt-hedge-fund-three-arrows-liquidator-begins-taking-control-assets-block-2022-12-02/
DCG's crypto lending subsidiary Genesis files for Chapter 11 bankruptcy: Genesis Global Trading, a subsidiary of the crypto conglomerate Digital Currency ...
techcrunch.com/2023/01/19/dcgs-crypto-lending-subsidiary-genesis-files-for-chapter-11-bankruptcy/
DCG's Genesis owes creditors over $3 billion, eyes asset sales: report: The report comes amid a high-profile dispute between Genesis' parent company and the ...
markets.businessinsider.com/news/currencies/dcg-genesis-crypto-lender-owes-creditors-3-billion-asset-sales-2023-1
Explainer: Crypto lender Genesis plagued by contagion concern after FTX blowup: The uncertain future of Genesis Global Capital, one of the biggest crypto lenders ...
reuters.com/technology/crypto-lender-genesis-plagued-by-contagion-concern-after-ftx-blowup-2022-11-18/
3 Crypto lender BlockFi files for Chapter 11: U.S. cryptocurrency lender BlockFi said on Monday it had filed for Chapter 11 bankruptcy protection along with ...
reuters.com/technology/2-crypto-lender-blockfi-files-chapter-11-2022-11-28/
FTX’s failure and SoftBank’s struggles point to a tech investing hangover: After the turbocharged years, problems may be emerging for venture capitalists
economist.com/business/2022/11/17/ftxs-failure-and-softbanks-struggles-point-to-a-tech-investing-hangover
After a run on its crypto, Genesis has stopped lending: Genesis is the latest crypto domino to fall after FTX's implosion earlier this month
qz.com/after-a-run-on-its-crypto-genesis-has-stopped-lending-1849789467
Digital Currency Group owes $575 million to Genesis Trading's crypto lending arm: Venture capital company Digital Currency Group, which owns Genesis Trading and ...
reuters.com/technology/digital-currency-group-owed-575-million-by-genesis-tradings-crypto-lending-arm-2022-11-22/
These 2 crypto crises were even more disastrous than FTX's collapse: The Terra Luna crash and the collapse of Celsius and Three Arrows Capital caused even more ...
markets.businessinsider.com/news/currencies/ftx-bankruptcy-collapse-crypto-crash-3ac-celsius-terra-luna-chainalysis-2022-12
S’pore licence applications of crypto firms Genesis, Gemini to take in ‘material developments’: MAS
straitstimes.com/business/s-pore-licence-applications-of-crypto-firms-genesis-gemini-to-take-in-material-developments-mas
Crypto Exchange Gemini Modifies Terms Of Service As Gemini Dollar, Its Own Stablecoin, Gets Caught In Market Contagion
forbes.com/sites/johnhyatt/2022/12/16/crypto-exchange-gemini-modifies-terms-and-services-as-gemini-dollar-its-own-stablecoin-gets-caught-in-market-contagion/
5 Takeaways From Three Arrows Capital’s New York Bankruptcy Hearing: Su Zhu and Kyle Davies, who ran the now-deceased crypto hedge fund, are surfing and painting ...
nymag.com/intelligencer/2022/12/5-takeaways-from-three-arrows-capitals-bankruptcy-hearing.html
Quick Glance: 5 Takeaways From Three Arrows Capital's Bankruptcy Hearing in New York
- Su Zhu and Kyle Davies both issued their apologies.
- Davies lied about 3AC's assistance to CNBC.
- The liquidators' legal team also suggested that Zhu and Davies be held in contempt of court.
- Davies issued a statement on Saturday accusing the liquidators of making "extravagant allegations against us."
FTX Collapse Slaps the Winklevoss Brothers: The cryptocurrency exchange debacle is spreading to other platforms.
thestreet.com/investing/cryptocurrency/ftx-collapse-begins-to-spread-to-other-crypto-exchanges
FTX Collapse Hits Crypto Brokerage Genesis: The FTX collapse has impacted other crypto brokerages, including Genesis.
thestreet.com/investing/cryptocurrency/ftx-collapse-hits-crypto-brokerage-genesis
Genesis just halted withdrawals. Could it be the next crypto catastrophe?: One of the largest institutional brokerages in the crypto space is showing symptoms of ...
fastcompany.com/90812427/genisis-withdrawals-ftx-fallout-crypto-crisis-deepens
5 More Disturbing Revelations About Sam Bankman-Fried: It has been three days since the dramatic crumbling of Sam Bankman-Fried’s crypto empire ...
nymag.com/intelligencer/2022/11/5-more-disturbing-revelations-about-sam-bankman-fried.html
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