The brains behind the controversial TerraUSD and LUNA coins, TerraForm Labs, are now said to be the target of an eye-popping $1.3 billion lawsuit f...

Do Kwon Terraform Labs LUNA 3AC

Aug, 13, 2024

3 min read

by Bitcoinist

Creditors Rejoice As Worldcoin (WLD) Skyrockets 188%, Providing Vital Relief To 3AC And FTX

In a challenging year for creditors of bankrupt investment firms Three Arrows Capital (3AC) and FTX’s trading arm Alameda Research, a recent surge ...

DeFi Artificial Intelligence Digital Currency Worldcoin

Feb, 21, 2024

2 min read

by Bitcoinist

Three Arrows Capital-Backed OPNX Exchange Faces Imminent Shutdown

OPNX (Open Exchange), a Singapore-based cryptocurrency exchange established by the co-founders of the failed crypto hedge fund Three Arrows Capital...

DeFi Digital Currency Three Arrows Capital OPNX

Feb, 02, 2024

2 min read

by Bitcoinist

Court Freezes $1 Billion In Assets Of Three Arrows Capital Founders, Signaling Mounting Legal Battle

In a recent development surrounding the downfall of cryptocurrency hedge fund Three Arrows Capital (3AC), a court has issued a significant worldwid...

DeFi Crypto Regulation Digital Currency Bankruptcy

Dec, 21, 2023

2 min read

by Bitcoinist

Release Imminent For Three Arrows Capital Co-Founder Following Liquidation Arrest

In a recent development, co-founder of Three Arrows Capital (3AC), Su Zhu, faced questioning in a Singapore court regarding the collapse of the cry...

Regulation DeFi Crypto Regulations Crypto Regulation

Dec, 13, 2023

2 min read

by Bitcoinist