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 pic.twitter.com/BIRBX3uiBV
— Cole (@cole0x) February 1, 2024
End of Another Exchange
OPNX was created by 3AC’s Kyle Davies and Su Zhu and launched in April 2023 for the trading of bankruptcy claims. Davies and Zhu’s previous firm, Singapore-based Three Arrows Capital, collapsed in 2022 and was part of that year’s crypto meltdowns.
The pair disappeared after their crypto hedge fund collapsed and Singapore’s central bank issued nine-year prohibition orders to them over securities law violations in September 2023. Su Zhu was apprehended at Changi Airport in Singapore in September, according to the company’s liquidator, Teneo.
In May, the pair were reprimanded
We współpracy z: https://cryptopotato.com/3ac-founders-opnx-exchange-to-shut-down-flex-and-ox-prices-tank/
