OPNX Drops Defamation Lawsuit Against Crypto Investor Mike Dudas!

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OPNX, associated with Three Arrows Capital’s founders, has dropped its defamation lawsuit against crypto venture investor Mike Dudas. The lawsuit was filed in June 2021 after Dudas called OPNX’s backers “unrepentant scammers.” OPNX is a multifaceted cryptocurrency exchange that doubles as a trading hub for investors’ claims against bankrupt companies. Its founders, Mark Lamb of CoinFLEX and Su Zhu and Kyle Davies of the defunct hedge fund Three Arrows Capital, have a history of helming bankrupt companies. Su Zhu is currently jailed in Singapore for failing to comply with a court order related to 3AC’s ongoing liquidation.