CoinFLEX attempts to hose down backlash over proposed new 3AC project By Cointelegraph

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Amid mounting criticism on social media, crypto investment firm CoinFLEX has attempted to clarify its plans to build a new crypto exchange with Three Arrows Capital (3AC).

A leaked pitch deck on Jan. 16 revealed it was collaborating with the now-bankrupt hedge fund to build a proposed crypto exchange called “GTX” — which would focus on the trading of claims against bankrupt firms.