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FTX execs called to court over alleged 3AC liquidation
Summary by crypto.news
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2 Articles
FTX Executives Face Court Over Alleged Illegal Liquidation of 3AC - Blockonomi
TLDR FTX executives have been called to court over the alleged unlawful liquidation of 3AC’s multi-billion-dollar position. Sam Bankman-Fried, Caroline Ellison, and Ryan Salame will testify under oath regarding their involvement in the liquidation. 3AC claims that FTX mishandled its account, leading to significant losses during the 2022 crypto market crash. FTX disputes 3AC’s account, asserting the account value was far lower than claimed and l…
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