A U.S. court has officially approved Three Arrows Capital's (3AC) bid to increase its claim against FTX to $1.53bn.

According to the filing, 3AC held $1.53bn in FTX assets as of June 12, 2022. However, over the next two days, these assets were liquidated to cover a $1.3bn debt owed to FTX.#FTX #USDC $USDC