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FTX Fights Back: Moves to Block 3AC’s $1.5B Claim, Accuses Them of Self-Sabotage
FTX Fights Back: Moves to Block 3AC’s $1.5B Claim, Accuses Them of Self-Sabotage
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FTX draws a line in the sand—bankrupt crypto hedge fund Three Arrows Capital (3AC) won’t get a $1.5B payout without a fight. The exchange alleges 3AC’s losses were, well, their own damn fault.
Who’s holding the bag? FTX claims 3AC’s reckless bets led to their collapse—now they want creditors to foot the bill. The irony? Priceless.
Another day, another crypto meltdown. At least the lawyers are getting rich.
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