FTX wehrt sich gegen 3ACs „unvernünftige und nicht unterstützbare“ US -Dollar -Anspruch auf 1,53 Mrd. USD
FTX fights back against 3AC’s ‘unreasonable and unsupportable’ $1.53B claim
FTX wehrt sich gegen 3ACs „unvernünftige und nicht unterstützbare“ US -Dollar -Anspruch auf 1,53 Mrd. USD
FTX fights back against 3AC’s ‘unreasonable and unsupportable’ $1.53B claim
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tldr; FTX’s bankruptcy lawyers have challenged a $1.53 billion claim by Three Arrows Capital (3AC), calling it illogical and self-inflicted due to 3AC’s excessive risk-taking and ignored margin calls. The dispute involves margin trades and a $120 million credit facility from FTX, which 3AC allegedly mismanaged during the 2022 market meltdown. FTX liquidated 3AC’s account to prevent further losses, recovering $82 million. FTX argues the claim unfairly targets its creditors and seeks to salvage 3AC’s failed liquidation process.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.