Open Exchange (OPNX) Announces Closure Amid Regulatory Challenges
OPNX shuts down, citing regulatory hurdles and financial penalties. Users urged to settle positions and secure assets before the February 14 deadline.
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OPNX: All OX tokens owned by hackers have been frozen, worth approximately US$2.69 million
10/11/2023 20:41
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CoinFLEX CEO Mark Lamb Sued By Exchange's Creditors Over OPNX
Aside from Mark Lamb, the case also names Roger Ver as a defendant.
ClementSingapore's MAS Just Took Action Against OPNX Founder
MAS states that these actions come as a result of their violations of the Securities and Futures Act 2001 (SFA) and Securities and Futures (Licensing and Conduct of Business) Regulations (SFR).
DavinDubai's VARA Fines OPNX $2.7M for "Market Offenses"
While the founders and CEO have settled their fines, VARA reported that OPNX is yet to make the required payment, potentially leading the regulator to take further measures against the platform.
SnakeHodlnaut's Saviour? OPNX's $30 Million in FLEX Tokens Takeover
OPNX has stepped forward with an intriguing proposition — to take over the beleaguered crypto lender based in Singapore, Hodlnaut. The bid involves the provision of $30 million worth of FLEX tokens and holds the promise of revitalising Hodlnaut's prospects.
Catherine3AC Founders Pledge To Donate OPNX Future Earnings To Creditors
3AC co-founders, Kyle Davies and Su Zhu, once at the helm of a now-bankrupt hedge fund, have embarked on a ...
BitcoinistOPNX Trading Volume Attracts Suspicion From Community
The exchange attributed Market Maker Program for the trading volumes.
Beincrypto3AC Founders Launch Brand New VC Fund Tied To OPNX
The VC fund will focus on “superior risk-adjusted returns without leverage.”
cryptopotatoZhu Su’s OPNX exchange rolls with wisecracks on its low daily trading volume
OPNX said it is exploring a more transparent market making model, adding its bankruptcy claims trading is not yet live.
CryptoSlate3AC Founders Launch Controversial Bankruptcy Claims Site OPNX
Three Arrows Capital co-founders Su Zhu and Kyle Davies launched a new bankruptcy claims trading marketplace to trade claims of bankrupt crypto firms like FTX and Celsius.
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