Pellegrino asserted that 3AC was financially unstable when proposing the arrangement to LayerZero and criticized Davies for misleading and taking advantage of associates and partners.
Kyle Davies, the co-founder of the now-defunct Three Arrows Capital, has stated that he is not sorry for the company going bankrupt.
Three Arrows Capital co-founder Kyle Davies appeared on a podcast and showed little remorse for his firm’s creditors and said he plans to avoid spending any time in a Singaporean prison.
OPNX's volume peaked at just over $600,000, according to CoinGecko data.