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3AC Founders Want to Launch a New Crypto Exchange

3AC Founders Want to Launch a New Crypto Exchange

Key Takeaways 3AC co-founders Su Zhu and Kyle Davies want to launch their own crypto exchange. They are seeking $25 million from investors. GTX, as the project is called, aims to be a public marketplace for crypto claims. Su Zhu and Kyle Davies want to tap into the ballooning crypto claims market by launching their […]
Celsius’ Mashinsky Finally Sued by NY Attorney General

Celsius’ Mashinsky Finally Sued by NY Attorney General

Key Takeaways New York Attorney General Letitia James filed a civil suit against former Celsius CEO Alex Mashinsky today. James claims Mashinsky defrauded investors by making false statements about the company’s financials. She is seeking restitution, damages, and to bar Mashinsky from ever doing business in New York again. Former Celsius CEO Alex Mashinsky is […]