CoinFLEX Makes An Strive To Hose Down Backlash Over Proposed Novel 3AC Challenge

Amid mounting criticism on social media, crypto funding company CoinFLEX has attempted to clarify its plans to fabricate a novel crypto alternate with Three Arrows Capital (3AC).

A leaked pitch deck on Jan. 16 printed it became collaborating with the now-bankrupt hedge fund to fabricate a proposed crypto alternate called “GTX” — which would focal level on the trading of claims in opposition to bankrupt corporations.