đ¨ FTX Pushes Back: Rejects Three Arrows Capitalâs $1.53B Claim đ¨
đ˘ In the latest clash of collapsed crypto giants, FTX has officially rejected the massive $1.53 billion bankruptcy claim filed by Three Arrows Capital (3AC) â calling the hedge fund's losses âself-inflicted.â
đ This comes after a Delaware court recently allowed 3AC to boost its claim from $120M â $1.53B
đ FTX lawyers argue the claim should be "disallowed in its entirety"
âď¸ With both firms infamous for their roles in 2022âs crypto contagion, this courtroom showdown could reshape how bankruptcy claims are handled in the Web3 space.
đ Do you think 3AC has a valid case â or is FTX right to push back?
#FTX #3AC #CryptoLitigation #Bankruptcy #DigitalAssets https://coingape.com/ftx-says-no-to-3acs-1-53b-claim/