FTX Bankruptcy Hit by Court Ruling Favoring 3AC’s $1.53 Billion claim
A Delaware bankruptcy court sided with failed hedge fund Three Arrows Capital (3AC), approving a dramatic increase in its claim against FTX from $120 million to $1.53 billion. The ruling, which comes as FTX continues its bankruptcy process, introduces new complexities for creditor payouts and raises questions about FTX’s handling of funds in its final…
