- Hayes demanded that Su Zhu return about $ 6 million to him
- He was banned from talking and posting anything about the co-founders of 3AC
Co-founder of failed hedge fund Three Arrows Capital (3AC), Su Zhu, received a restraining order from a Singapore court against BitMEX co-founder Arthur Hayes.
An executive order issued May 5 forbids Hayes “use threatening, offensive, or obscene language and make any threatening, offensive, or obscene message that may cause the complainant anxiety, distress, or distress.”
Arthur Hayes demanded $6 million from 3AC co-founders Su Zhu and Kyle Davis, which he says he owned after the fund collapsed in 2022. Now he will not be able to communicate with Su and Kyle in any form. He was also banned from disclosing any information about them.
In early April, 3AC launched the OPNX platform together with CoinFLEX. Hayes criticized them for trying to raise funds to launch the exchange. On April 6, he tweeted:
“A little bird told me that @zhusu and @KyleLDavies raised a lot of money from the Bahrain SWF. They trade through Tai Ping Shan. Be alert. I want my fucking money”
They still managed to launch the platform, but it did not bring success. The next day after the launch, only two transactions were made on all spot and futures markets of the platform. The total amount for them was $1.26. Also, the OPNX exchange received a warning from the Dubai regulator.
