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FTX Pushes Back on Three Arrows Capital’s $1.53 Billion Claim

The team winding down FTX’s bankruptcy is firing back at a massive claim filed by collapsed hedge fund Three Arrows Capital, better known as 3AC. The $1.53 billion claim, according to FTX’s legal filing, is not only exaggerated but also based on flawed assumptions and poor risk management by 3AC itself. In court documents, FTX … Read more

US court permits Three Arrows Capital to expand claim against FTX, rejects FTX’s objections

A U.S. bankruptcy court has allowed the liquidators of the defunct crypto hedge fund Three Arrows Capital to substantially increase its claim against the collapsed crypto exchange FTX from $120 million to $1.53 billion. In a March 13 ruling by the US Bankruptcy Court for the District of Delaware, the judge ruled that FTX is … Read more

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