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FTX Fires Back: Bankrupt Exchange Rejects Three Arrows Capital’s $1.53B Claim—’3AC Gets ZERO’
FTX Fires Back: Bankrupt Exchange Rejects Three Arrows Capital’s $1.53B Claim—’3AC Gets ZERO’
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FTX just dropped the hammer on Three Arrows Capital’s billion-dollar demand—and the carcass of crypto’s most infamous hedge fund isn’t getting a penny.
### The $1.53B Standoff
FTX’s lawyers shredded 3AC’s claim in court filings, arguing the defunct crypto hedge fund has no legal leg to stand on. The exchange’s stance? ‘Debtors don’t owe money to creditors who helped burn the house down.’
### Credibility Crisis
Both firms collapsed in 2022’s crypto winter—one from reckless leverage, the other from alleged fraud. Now they’re fighting over scraps like two seagulls battling for a french fry in a parking lot.
### The Final Twist
3AC’s founders—still tweeting from their yachts—might need another bailout. This time from reality.
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