Three Arrows Capital founders subpoenaed on Twitter
3AC founders Zhu Su and Kyle Davies have been ordered to provide all documents in their possession or control, regardless of whether the information is held by them directly, or…
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Report Shows Financial Troubles Plagued Bankman-Fried’s Alameda Research as Early as 2018
Before FTX collapsed it was assumed that Alameda Research was one of the top quantitative trading firms and market makers within the industry. However, much of that perception may have…
Distressed Crypto Platform Amber Group Secures a $300 Million Fundraiser
Amber Group – a cryptocurrency platform backed by Singapore’s investment company Temasek – completed a $300 million funding round. The money will be distributed to clients affected by the FTX…
Amber Group raises $300M to recover from FTX contagion
The new funding from Fenbushi aims to help Amber address some of the “significant drawdowns” as an aftermath of the FTX default.
Amber Group ditches expansion plans after denying insolvency: Report
Temasek-backed Amber has raised about $50 million in funding from a new sovereign fund, with the deal to be announced in January.
Legal team for 3AC liquidators blast founders for shifting blame to FTX, media blitz amid bankruptcy
In a bankruptcy court hearing, lawyers for 3AC creditors asserted the firm's founders "repeatedly fail to engage" with liquidators, but weren't shy about talking to the media.
Thai VC fund acquires troubled exchange Zipmex for $100M: Report
Zipmex reportedly plans to use crypto assets received from the acquisition to unlock frozen customer accounts on the platform by April 2023.
FTX’s Crash Had a ‘Very Limited’ Impact on Singapore’s Economy, Claims DPM
Lawrence Wong – Deputy Prime Minister of Singapore – said major local financial institutions have “insignificant” exposure to cryptocurrencies and digital asset companies. As such, the gigantic crash of FTX…
Singapore’s Temasek sees ‘reputational damage’ due to FTX, official says
Despite writing down its $275 million investment in FTX, Temasek still apparently holds its investments in many other crypto-related businesses.
Singapore Government Faces Intense Scrutiny Over FTX Collapse: Report
Singaporean Prime Minister Lee Hsien Loong and Deputy Prime Minster Lawrence Wong are facing intense scrutiny from the parliament over FTX investor losses and the due diligence undertaken by state-owned…
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