Bankrupt Crypto Exchange FTX Slams Three Arrows Capital’s $1.53B Claim: “3AC Is Owed Nothing”

Why did Tesla's stock soar after robotaxi launch? How will US-Iran conflict impact oil prices? What caused Kroger to announce store closures? Why are Fed officials signaling potential rate cuts? How is the Iran strike affecting global markets? What’s behind Compass suing Zillow over listings? Why is Fiserv entering the stablecoin market?

Bankrupt Crypto Exchange FTX Slams Three Arrows Capital’s $1.53B Claim: “3AC Is Owed Nothing”

coindesk.com/policy/2025/06/23/bankrupt-crypto-exchange-ftx-slams-three-arrows-capital-s-usd1-53b-claim-3ac-is-owed-nothing

Bankrupt crypto exchange FTX has said it should not have to pay a massive $1.53 billion recovery claim by Three Arrows Capital, arguing in a recent court filing that the crypto hedge fund’s “own risky [trading] strategy caused its collapse, and its own account activity — not any action…

This story appeared on coindesk.com, 2025-06-23 17:45:39.