TechFlow news — Evgeny Gaevoy, founder of cryptocurrency market maker Wintermute, tweeted: "Since we're talking about cutting ties with these people, if you're investing in CoinFLEX and Three Arrows Capital's 'exchange,' you might find it a bit difficult to work with Wintermute going forward (in terms of relationship building). Similarly, we won't participate in any venture investments, as these individuals are about to enter cap tables—founders should be cautious."
Previously, it was reported that the founders of Three Arrows Capital plan to raise $25 million to partner with CoinFLEX on launching a new cryptocurrency exchange aimed at facilitating trading of crypto bankruptcy claims. Although Three Arrows Capital revealed the new exchange would be named 'GTX,' CoinFLEX stated that GTX would not be the final name, but merely a placeholder. Source link
