FTX debtors have rejected a $1.53 billion claim from Three Arrows Capital liquidators, citing risky trading strategies.
FTX's Rejection of 3AC's Claim
FTX debtors are opposing a claim for $1.53 billion from Three Arrows Capital liquidators. They argue that the losses were due to 3AC's own risky investment strategies.
Implications for Creditor Payouts
The dispute could significantly impact creditor payouts in the ongoing FTX bankruptcy proceedings. FTX's objections could establish precedents for handling similar claims in the crypto sector.
Comparisons with Celsius and Voyager Cases
Similar bankruptcy disputes have occurred in the crypto industry, such as those involving Celsius and Voyager. Outcomes may influence future claims in crypto bankruptcies.
The ongoing situation regarding the Three Arrows Capital claim raises significant legal and financial questions that could shape future handling of similar cases in the crypto industry.
