FTX fights back against 3AC's 'unreasonable and unsupportable' $1.53B claim

FTX’s bankruptcy lawyers have pushed back forcefully against a $1.53 billion claim filed by failed crypto hedge fund Three Arrows Capital (3AC), calling the demand “illogical” and warning that it w...

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FTX fights back against 3AC's 'unreasonable and unsupportable' $1.53B claim

Source: CryptoSlate

FTX’s bankruptcy lawyers have pushed back forcefully against a $1.53 billion claim filed by failed crypto hedge fund Three Arrows Capital (3AC), calling the demand “illogical” and warning that it would unfairly drain funds from FTX’s legitimate creditors. In new court documents submitted on June 20, FTX’s legal team asked a Delaware bankruptcy judge to […]