The US Court allows three capital arrows to expand the request against FTX, rejects FTX’s complaints

The American Bankruptcy Court enabled the liquidators of the CRIPTO Hedge Fund of the three arrows of capital to significantly increase the request against the crushed FTX exchange with $ 120 million at 1.54 billion dollars.
At 13. Marta judgment The bankruptcy court of the USA for Delawar District ruled that FTX pays $ 1.53 billion in three capital, increasing the request from the original $ 120 million submitted in June 2023. Years. The FTX objected to the decision, arguing that it was too late and slowed down their bankruptcy process. However, the judge hoped with 3ak liquidators, despising that they gave enough notice about their request. The judge determined that the delay in the submission of greater claims was mainly due to FTX that does not immediately share relevant records with liquidators 3AC. 3AC liquidators are needed and information to assess and describe their request in detail.

The 3ac liquidators claim that the FTX held $ 1.53 billion 3aks property, which was then liquidated to pay debugs of 3AC. In addition, 3AC liquidators claimed that these transactions were avoided and that the FTX did not provide information that would reveal liquidations.
And 3ac and FTX used to be the main players in the crypton world, but both are not defantus. Three Capital Arrows Is one of the largest crypto hedge funds that failed in June 2022. years due to the forced liquidation of the listed positions in Bitcoin (Btc), Etherum (El) and other altcoins. They submit For bankruptcy in July 2022. His liquidators are now trying to regain the means by selling their remaining assets and through various lawsuits, especially against FTX and TerraForm Laboratories to return their credentials.
FTX Crupto Exchange declared bankruptcy in 2022. years and also saw it trying to compensate for funds through various lawsuits, including one against Bynance and Changpeng Zhao. FTX recently begin Their repayment process has facilitated through the Bitgo and exchanges Kraken.
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2025-03-14 11:07:00