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

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

FTX rejects 3AC’s $1.5B 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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