OPNX CEO scolds claimed backers after some deny investing in the firm
A number of supposed Open Exchange (OPNX) investors have been blasted by the CEO of the crypto claims trading platform after some publicly distanced themselves from the project after being named as backers.
On April 22, OPNX’s CEO Leslie Lamb tweeted that the behavior of the firms was “disgusting” and “disappointing” saying they “want all the upside with little to no risk.”
“I’m here to remind everyone that’s not how entrepreneurship works, if it isn’t already clear,” Lamb added.
I’ve gotten all but 4 hours of sleep dealing with the nonsense that has ensued from transparent communications, so I’ll get straight to it. Investors want all the upside with little to no risk. But I’m here to remind everyone that’s not how entrepreneurship works, if it isn’t…
OPNX is a bankruptcy claims firm established by Kyle Davies and Su Zhu, the founders of the bankrupt crypto hedge fund Three Arrows Capital (3AC).
The drama first began on April 21 when OPNX tweeted a video of Lamb thanking a number of “major investors” for their support.
The list of investors named by OPNX included AppWorks, Susquehanna (SIG), DRW, MIAX Group, China Merchant Bank International and Token Bay Capital Nascent and Tuwaiq Limited.
1/ As we approach the launch of claims for our first estate, Celsius, we'd like to express gratitude to everyone who believed in our mission of helping 20M+ claimants.A special thank you goes to our major investors, including AppWorks, Susquehanna (SIG), DRW, MIAX Group, China pic.twitter.com/G406Y7Ponz
Nearly half of the listed backers now claim they never elected to provide funding to OPNX and have denied any and all association with the firm.
The first company to publicly deny support was decentralized finance (DeFi) trading firm Nascent,
Read more on cointelegraph.com
