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FTX rejects 3AC’s $1.5B claim, citing ‘failed trading strategy’

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June 23, 202548 Views
FTX rejects 3AC’s .5B claim, citing ‘failed trading strategy’

FTX rejects 3AC’s .5B claim, citing ‘failed trading strategy’

FTX lawyers argued that creditors should not serve as a “backstop” for Three Arrows Capital’s risky leveraged strategy.

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