🚀 FTX REJECTS FINAL DEMAND FOR $1.5 BILLION IN DAMAGES FROM 3AC!

FTX fiercely responds to the huge compensation demand from the bankrupt hedge fund Three Arrows Capital (3AC), calling it "legally and factually unfounded".

⭐ Highlights:

🟢 FTX states that 3AC self-destructed by violating margin regulations and failing to act in a timely manner.

🟢 Previously, FTX was forced to liquidate $82 million in assets of 3AC to prevent further losses.

🟢 FTX believes 3AC is "blaming others for its own failures" and should not take money from other creditors to recover.

🟢 The official hearing will take place on August 12.

🟢 3AC has until July 11 to respond.

➡️ Meanwhile, Sam Bankman-Fried – the founder of FTX – will be in prison until 2044 and fined over $11 billion for fraud.