Crypto bankruptcy claims and trading platform Open Exchange has urged users to settle all positions by Feb. 7 and withdraw by Feb. 14.
Crypto bankruptcy claims platform OPNX — launched by the co-founders of failed hedge fund Three Arrows Capital — has announced that it will officially cease all operations and shut down by Feb. 14.
In an email to users of the exchange, viewed by Cointelegraph, OPNX "strongly advised" its users to settle all positions by Feb. 7 and withdraw their funds from the platform by Feb. 14. Following this date, all withdrawl functionality will be disabled.
OPNX, short for Open Exchange, is a hybrid bankruptcy claims platform and crypto exchange that allows users to trade creditor claims of bankrupt crypto companies.
