Three Arrows Capital seeks to increase claim against FTX to $1.5B
4 days 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 ...
3AC Liquidators Seek to Boost FTX Claim to $1.53 Billion ... - Crypto News
4 days 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 ...
3AC Seeks $1.53 Billion Claim Against FTX Amid Asset Seizure …
3 days ago · 3AC is going after FTX again. In a new filing, 3AC’s liquidators are asking to increase their original claim from $120m to $1.53b. This is because they allege FTX seized and liquidated $1.33b of 3AC’s assets just before 3AC went down in 2022. Liquidators say these transactions, which happened just 2 weeks before 3AC filed for bankruptcy ...
Liquidators for Three Arrows Capital (3AC) Seeks to Revise Claims ...
3 days ago · The 3AC liquidators argued that the exchange unfairly liquidated, sold, or moved the assets just two weeks after its collapse, which was triggered by the Terra Luna implosion. ... FTX (FTT) News ...
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 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...
Court Freezes Three Arrows Capital Founders’ Assets Worth $1 ... - Forbes
Dec 21, 2023 · Topline. A court in the British Virgin Islands froze around $1 billion in assets belonging to the founders of Three Arrow Capital, the crypto hedge fund whose sudden insolvency in June last year...
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 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 Liquidators Seize $35.6M From ... - CoinDesk
Dec 3, 2022 · In a court hearing Friday, 3AC’s appointed liquidators blasted the collapsed hedge fund’s founders for talking to the media while repeatedly failing to cooperate with the liquidators' probe.