OPNX Exchange Linked to Failed Three Arrows Capital Shutting Down This Month
• OPNX exchange, created by founders of failed Three Arrows Capital hedge fund, is shutting down this month • Customers advised to settle positions by Feb 7 and withdraw money by Feb 14 • OPNX set up for trading bankruptcy claims, opened last year by Kyle Davies and Su Zhu • Their previous company, Three Arrows Capital, blew up in 2022, causing industry turmoil • Over $1B in assets of Zhu, Davies, and Davies' wife frozen; Zhu arrested for not helping liquidate 3AC