FTX News: Court Rules to Increase Three Arrows Capital’s Claim Against FTX to $1.53 Billion

In a significant ruling, a U.S. bankruptcy court has granted a substantial increase in the claim of the liquidated crypto hedge fund Three Arrows Capital (3AC) against the embattled crypto exchange FTX.

US Court Expands Three Arrows Capital’s Claim Against FTX

A U.S. bankruptcy court has ruled to allow the liquidators of the defunct crypto hedge fund Three Arrows Capital (3AC) to substantially increase its claim against the collapsed crypto exchange FTX from $120 million to $1.53 billion. The ruling was made on March 13 by the US Bankruptcy Court for the District of Delaware, despite FTX’s objections arguing it was too late and would slow down their bankruptcy process. The judge sided with 3AC’s liquidators, stating they had provided sufficient notice of their claim.

Three Arrows Capital Boosts FTX Bankruptcy Claim to $1.53 Billion

A US bankruptcy court has ruled in favor of liquidators of Three Arrows Capital (3AC), allowing them to increase their claim against the collapsed crypto exchange FTX from $120 million to $1.53 billion. In a 13 March 2025 ruling, Chief Judge John Dorsey dismissed arguments from FTX’s debtors who opposed the amended claim. Dorsey stated that the delay in filing the amended claim was caused by FTX’s failure to provide key financial records to 3AC liquidators in a timely manner.