Open Exchange (OPNX) Announces Closure Amid Regulatory Challenges
OPNX shuts down, citing regulatory hurdles and financial penalties. Users urged to settle positions and secure assets before the February 14 deadline.
BrianOPNX shuts down, citing regulatory hurdles and financial penalties. Users urged to settle positions and secure assets before the February 14 deadline.
BrianA wallet linked to Su Zhu, co-founder of Three Arrows Capital (3AC), recently saw movement for the first time following months of dormancy since his arrest. Etherscan records unveiled multiple transactions involving ERC-20 tokens to and from an address labelled suzhu.eth on Nov. 29.
JoyAside from Mark Lamb, the case also names Roger Ver as a defendant.
ClementAt last week's Token2049 conference, OPNX CEO Leslie Lamb gave a speech on what the new kid on the block has to offer.
AlexMAS states that these actions come as a result of their violations of the Securities and Futures Act 2001 (SFA) and Securities and Futures (Licensing and Conduct of Business) Regulations (SFR).
DavinWhile the founders and CEO have settled their fines, VARA reported that OPNX is yet to make the required payment, potentially leading the regulator to take further measures against the platform.
Snake3AC co-founders, Kyle Davies and Su Zhu, once at the helm of a now-bankrupt hedge fund, have embarked on a ...
BitcoinistThe exchange attributed Market Maker Program for the trading volumes.
BeincryptoThe VC fund will focus on “superior risk-adjusted returns without leverage.”
cryptopotatoThree Arrows Capital co-founders Su Zhu and Kyle Davies launched a new bankruptcy claims trading marketplace to trade claims of bankrupt crypto firms like FTX and Celsius.
Beincrypto