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Bankless Founders Vow to Separate Media Company from DAO Amid Controversy
27.11.2023
Image Source: Pixabay In the midst of an ongoing controversy surrounding cryptocurrency media platform Bankless and its associated decentralized autonomous organization (DAO), the company’s founders have announced their intention to separate the brand from the DAO. Co-founders David Hoffman...
CoinFLEX Crypto Exchange Creditors Accuse Other Exchange OPNX of Wrongful Use of Assets
24.11.2023
Source: Adobe / pathdoc Creditors of the crypto derivatives exchange CoinFLEX are alleging that the newly established creditor claims marketplace OPNX, founded by bankrupt crypto hedge fund Three Arrows Capital (3AC) co-founders Kyle Davies and Su Zhu, wrongfully used CoinFLEX assets without their...
Worldcoin’s WLD Gains 6% as Sam Altman Joins Microsoft to Lead its New AI Research Team
20.11.2023
Image Source: CNBC Wroldcoin’s WLD has gained around 7% amid the news that Microsoft has hired Sam Altman and Greg Brockman, co-founders of OpenAI, to spearhead a new advanced AI research team. At the time of writing, WLD is trading at $2.41, up by more than 6.5% over the past day, according...
An Urban Farmstead Emerges From 3AC Co-Founder’s Bankrupt-Shadowed Mansion
5.10.2023
According to a report, the spouse of Three Arrows Capital (3AC) co-founder Su Zhu has transformed their residence into a farmstead. The farm reportedly boasts numerous garden beds, a variety of composting zones, and the couple’s swimming pool has been converted into a natural pond. Report...
Tornado Cash Co-Founder Roman Storm Released on Bail
26.8.2023
One of the founders of the Tornado Cash crypto mixer, Roman Storm, has been released on bail, his lawyer announced on social media. Storm, who was arrested in the United States, has been charged with money laundering and sanctions violations through the unlicensed platform. Storm Out on Bail After...
Tornado Cash co-founders charged with money laundering, sanctions violations
23.8.2023
Roman Semenov was placed on OFAC's sanctioned persons list and Roman Storm was arrested as the United States continued its crackdown on the crypto mixer
Dubai Fines Co-Founders of Failed Three Arrows Capital Over New Exchange OPNX
16.8.2023
Dubai’s Virtual Assets Regulatory Authority (VARA) has slapped failed 3AC co-founders with a massive $2.7 million fine against their new crypto project OPNX.
Crypto exchange OPNX, co-founded by Kyle Davies and Su Zhu who established the now-defunct hedge fund Three Arrows Capital (3AC),...
Legal Twist: Three Arrows Capital Co-Founder's Citizenship Renunciation Disrupts Court's Jurisdiction in Bankruptcy Case
14.8.2023
In the bankruptcy case of Three Arrows Capital (3AC), a crypto hedge fund that ceased operations, a judge has rejected a request to hold co-founder Kyle Davies in contempt of Court and impose sanctions....
Read More: Legal Twist: Three Arrows Capital Co-Founder's Citizenship Renunciation Disrupts...
Futureverse co-founders launch $50M venture fund
3.8.2023
The AI metaverse company raised $54 million in a Series A round in July
Metaverse Project Futureverse's Co-Founders Start $50M Venture Fund
3.8.2023
The Born Ready venture studio will invest in early stage Web3 and metaverse projects
Seda co-founders discuss intersection of oracles and multichain
28.7.2023
Oracles enable value, but they are also susceptible to value manipulation; co-founders of Cosmos-based Seda discuss their benefits and how to prevent pitfalls
3AC co-founders' OPNX exchange onboards FTX, Celsius bankruptcy claims
14.7.2023
Claims can be converted into collateral to trade crypto futures on the exchange
Child-Focused Egyptian Fintech Startup Secures $1.5 Million in Funding
11.7.2023
Egyptian fintech startup Masroofi recently raised $1.5 million through an investment round supported by unnamed investors. The capital raise came shortly after Masroofi’s co-founders reportedly rejected a funding offer from investors in the “Shark Tank” program. Investors Drawn...
Smosh Co-Founders Buy Back Popular Video Game Let's Play Channel 12 Years Later
21.6.2023
Ian Hecox and Anthony Padilla, the co-founders behind the formative YouTube let’s play and sketch comedy channel, Smosh, broke the internet with the surprising announcement that they bought their old channel back from fellow comedic YouTubers Rhett & Link.Read more
Subpoena Evasion: 3AC Asks Court to Fine Kyle Davies $10,000 Daily for Non-Compliance
18.6.2023
In February, it was reported that Kyle Davies, the co-founder of Three Arrows Capital (3AC), faced allegations of evading subpoenas related to the collapse of the defunct Singapore cryptocurrency hedge fund. The current custodians of the 3AC estate are now pursuing a daily fine of $10,000 against...
FTX Executives Sue Co-Founders Amidst Failed FTX Stocks Project
18.5.2023
Court documents filed on May 17, 2023, reveal that current executives overseeing FTX and its subsidiary, Alameda Research, have initiated a lawsuit against Sam Bankman-Fried, the former CEO of FTX, Nishad Singh, FTX’s former director of engineering, and Zixiao “Gary” Wang...
South Korean Prosecutors Uncover Alleged $314 Million Criminal Proceeds Tied to Terraform Labs Co-Founders
7.4.2023
According to a report by South Korean news publication KBS, Do Kwon, the co-founder of Terraform Labs, has converted a “large part” of his assets into bitcoin. Prosecutors in South Korea believe that Kwon’s purported bitcoin stash was transferred to an international exchange....
Paxful co-founders’ litigation cites misappropriation of funds, money laundering, U.S. sanctions evasion
6.4.2023
A bitter dispute between Paxful's co-founders in Delaware courts may have led to the crypto marketplace's sudden closure
Seoul Takes Control Over $160 Million in Assets of Former Terraform Employees, Founder
5.4.2023
Authorities in South Korea have reportedly seized assets worth billions of won belonging to former representatives of Terraform Labs. The measure should prevent suspects in the case with the failed blockchain firm from selling property that may have been obtained with criminal proceeds. South...
Co-founders of StoryCo explain how community storytelling can impact franchised IP
17.2.2023
NFT Steez continues its conversation with the co-founders of StoryCo on how blockchain facilitates scaling co-creation and franchised intellectual property