14/11/2024, 5:53:02 pm

Three Arrows Capital seeks to increase claim against FTX to $1.5B

Liquidators of the defunct crypto hedge fund Three Arrows Capital (3AC) are reportedly seeking to amend their claim against FTX, increasing it to $1.53 billion from $120 million. According to Bloomberg, 3AC’s liquidators allege that two weeks before the hedge fund collapsed, FTX liquidated and seized their assets on the platform to settle a $1.33 billion debt.