FTX Rejects 3AC’s $1.5B Claim, Citing ‘Failed Trading Strategy’

FTX Refuses to Cover 3AC’s Massive Losses – Here’s Why

FTX disputes 3AC’s $1.53B claim as baseless, reigniting legal battles from the 2022 crypto crash with court dates set for August.

FTX Refuses to Cover 3AC’s Massive Losses – Here’s Why - Coin Surges

The post FTX Refuses to Cover 3AC’s Massive Losses – Here’s Why appeared first on Coinpedia Fintech News The legal showdown between two fallen crypto giants continues as FTX has formally objected to a $1.53 billion claim filed by the now-defunct hedge fund Three Arrows Capital (3AC). Filed in a Delaware bankruptcy court, the objection argues that the massive claim has no merit and should be thrown out entirely. FTX Calls Out 3AC’s Risky Bets 3️…

FTX Lawyers Want $1.53 Billion 3AC Claim Tossed - Data Intelligence

Lawyers acting for the collapsed crypto exchange FTX have rebuked a $1.53 billion recovery claim from Three Arrows Capital’s liquidators, arguing the losses result from a risky trading strategy that should not be paid for by creditors. Three Arrows Capital expanded claim approved by judge 3AC liquidators initially filed a $120 million claim in FTX’s bankruptcy case in June 2023 and expanded it to $1.53 billion in November 2024, alleging claims i…

FTX rejects 3AC’s $1.5B claim, citing ‘failed trading strategy’

The post FTX rejects 3AC’s $1.5B claim, citing ‘failed trading strategy’ appeared first on Daily Truth Report • DailyTruthReport.com.

FTX Objects to $1.53 Billion Claim by Three Arrows Capital - Blockchain & Cryptocurrencies Tabloid

FTX challenges Three Arrows Capital's $1.53 billion claim amid ongoing bankruptcy proceedings in Delaware court. The post FTX Objects to $1.53 Billion Claim by Three Arrows Capital appeared first on Blockchain & Cryptocurrencies Tabloid.