Three Arrows Capital seeks to increase claim against FTX to $1.5B
19 hours ago · 3AC liquidators want $1.3 billion from Terraform Labs. Beyond FTX, 3AC is also pursuing claims against another collapsed crypto firm, Terraform Labs. On Aug. 9, 3AC’s liquidators filed a $1.3 ...
Three Arrows Capital Pursues Expanded $1.53 Billion Claim Against …
1 day ago · FTX intensifies asset recovery efforts, filing lawsuits against Binance and SkyBridge Capital. Liquidators for defunct crypto hedge fund Three Arrows Capital (3AC) are seeking to raise their claim against FTX to $1.53 billion, up from the initial $120 million, according to recent court filings. The move follows allegations that FTX improperly ...
3AC Liquidators Seek to Boost FTX Claim to $1.53 Billion ... - Crypto News
16 hours ago · Liquidators for the now-bankrupt crypto hedge fund Three Arrows Capital (3AC) are seeking a court’s approval to raise their claim against FTX from $120 million to a staggering $1.53 billion. The move stems from allegations that, just two weeks before 3AC’s collapse, FTX liquidated and seized $1.33 billion worth of the hedge fund’s assets ...
Three Arrows Capital demands $1.5B increase in the FTX lawsuit
13 hours ago · Three Arrows Capital demands $1.5B increase in the FTX lawsuit. Cryptos | 11/14/2024 14:21:38 GMT. Three Arrows Capital (3AC) liquidators seek court to increase their claim against FTX from $120M ...
FTX Bankruptcy: 3AC Ups Claim to $1.53B - CCN.com
Oct 2, 2024 · Accusations of Unfair Transactions. The 3AC liquidators filed an initial claim of $120 million with FTX, but according to the court filings, the amount has increased to $1.53 billion , which is a substantial change in the demands.The filings assert that FTX seized $1.33 billion worth of its assets to settle outstanding debts and claimed it was unavoidable and detrimental to the interest of its ...
How the fall of Three Arrows, or 3AC, dragged down crypto …
Jul 11, 2022 · Now the firm, also known as 3AC, is headed to bankruptcy court after the plunge in cryptocurrency prices and a particularly risky trading strategy combined to wipe out its assets and leave it...
Three Arrows co-founder sent to prison in Singapore, says liquidator
Sep 29, 2023 · Su Zhu, co-founder of collapsed crypto hedge fund Three Arrows Capital, has been imprisoned for four months for failing to co-operate with investigations into its failure, its liquidator said...
Three Arrows Capital blew through billions with risky …
Aug 15, 2022 · Crypto hedge fund Three Arrows Capital (3AC) had signs of mismanagement before its ultimate collapse. A report from New York Magazine reveals how the company went from forex trading to a...
Genesis, Three Arrows Capital Reach Agreement on $1B of Claims - CoinDesk
Nov 13, 2023 · Bankrupt crypto lender Genesis has agreed to settle $1 billion in claims by defunct crypto hedge fund Three Arrows Capital (3AC) with a payment of $33 million, court documents show.
Three Arrows Capital (3AC) faces deadline to repay loans or default
Jun 27, 2022 · Three Arrows Capital, or 3AC, is facing a liquidity crisis after the collapse of terraUSD, margin calls on its loans and a massive slump in the crypto market.