OPNX

3AC Founders’ OPNX Exchange to Shut Down, FLEX and OX Prices Tank

The Open Exchange, or OPNX, is closing down this month, according to an email sent to users. “We would like to inform you that OPNX.com will officially cease operations and shut down in February 2024.” Customers were advised to settle their positions by Feb. 7 and withdraw their money by Feb. 14. OPNX shutting down...
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3AC Co-Founder Su Zhu Says His Time in Prison Was Quite Enjoyable

After Three Arrows Capital collapsed during crypto winter, founders Su Zhu and Kyle Davies stuck around on Twitter, making excuses for themselves before going silent for months and resurfacing with a new crypto project – the exchange OPNX. Later on, the pair also launched “3AC Ventures,” a new hedge fund, although public information is limited....
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Singapore Bans 3AC Founders From Financial Management for 9 Years

Following the collapse of Three Arrows Capital, co-founders Zhu Su and Kyle Davies dropped off the map. Since then, they’ve occasionally resurfaced on X to make oblivious and out-of-place posts excusing them of any wrongdoing and to announce the launch of their new business ventures, namely the exchange platform OPNX and a new hedge fund...
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