A tweet from OPNX, the crypto trade backed by 3AC founders Kyle Davies and Su Zhu, asserting its unique ecosystem partner precipitated a poke interior the crypto community on Wednesday.

OPNX disclosed it has partnered with a endeavor firm known as 3AC Ventures that would invest in initiatives building on the trade’s ecosystem.

“3AC Ventures is fascinated about superior possibility-adjusted returns with out leverage,” read the message displayed on the firm’s web region, which appears to be like to be a stand-by myself landing page with a link to an email address.

“3AC is ineffective, long dwell 3AC Ventures,” tweeted Davies, drawing criticism from a desire of market contributors who witnessed the fallout from the hedge fund’s crumple closing 365 days. Both Davies and Kyle bear been subpoenaed by the firm’s liquidators by Twitter, after closing at nice ever as a consequence of the financial damage lawsuits commenced.

With the liquidation lawsuits for the 3AC hedge fund aloof ongoing, the start of the unique endeavor OPNX earlier this 365 days took many within the crypto community with out warning. The resolution to now start a endeavor capital firm bearing the identical identify because the defunct hedge fund appears to be like important extra weird and wonderful, however the 3AC founders appeared a ways from remorseful with their comments on social media.

Unheard of extra curiously, Zhu penned a series of tweets on the hazards of mixing endeavor capital and trading, naming Alameda, Jump Capital and even 3AC as these that fell into “this entice.”

“Mixing the two turbostarted DeFi summer, but no longer with out long-term structural instabilities. Jump’s stealth bailout of Luna in Would possibly possibly possibly presumably simply 2021 and subsequent secret deal to receive substantial amts of tokens is handiest that it is doubtless you’ll presumably presumably presumably also imagine in a endeavor+trading world,” acknowledged Zhu.