Kyle Davies: Will donate OPNX"future revenue" to creditors as additional compensation.
2023-07-04 00:56
Odaily News: Kyle Davies, co-founder of 3AC Capital, announced on Monday that the two co-founders of 3AC Capital will donate the "future earnings" of OPNX to the creditors who incurred losses due to the fund's bankruptcy last year.
Davies described this plan as a "shadow recovery process" in addition to the ongoing liquidation process. He mentioned that some early creditors have already been compensated.
Davies stated that the two co-founders believe in "karma", and these additional donations will supplement the compensation obtained by creditors through the formal liquidation process. (CoinDesk)
Davies described this plan as a "shadow recovery process" in addition to the ongoing liquidation process. He mentioned that some early creditors have already been compensated.
Davies stated that the two co-founders believe in "karma", and these additional donations will supplement the compensation obtained by creditors through the formal liquidation process. (CoinDesk)
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