Key Takeaways:
• A U.S. bankruptcy court approved Three Arrows Capital (3AC)’s claim increase from $120 million to $1.53 billion, citing new evidence of larger financial dealings with FTX.
• FTX opposed the move, but the court ruled that FTX’s failure to provide documents delayed 3AC’s ability to file a full claim.
Ladies and Gentlemen of ParadiseClub! How did 3AC secure a $1.53 Billion claim, and what does It mean for FTX’s remaining assets? Let’s dive into the details.
After months of legal battles, 3AC has secured a game-changing victory, dramatically increasing its claim in FTX’s bankruptcy case from $120 million to $1.53 billion.
This ruling confirms that FTX liquidated $1.53 billion in 3AC’s assets before its collapse—far more than initially reported. The case includes breach of contract, breach of fiduciary duty, and unjust enrichment, signaling that FTX’s handling of funds was even more chaotic than previously believed.
This isn’t just a win for 3AC—it’s a major shift in how the FTX bankruptcy process will play out.
Will Other FTX Creditors Get Paid Less?
With 3AC’s claim now officially recognized, the big question is how this impacts other FTX creditors.
FTX’s remaining assets were already under pressure, and now that 3AC is owed $1.53 billion, there could be less money left for everyone else.
Some creditors may challenge the ruling, arguing that 3AC’s claim should not take priority over others. Expect more legal battles as different parties fight over what’s left of FTX’s cash.
Meanwhile, SBF Tries to Get a Trump Pardon
As if the FTX saga couldn’t get any crazier, Sam Bankman-Fried is reportedly seeking a presidential pardon.
Reports suggest that SBF has been making appearances on conservative media, even giving an interview to Tucker Carlson, in a desperate attempt to gain political favor.
While Trump has issued controversial pardons in the past, it’s unclear whether SBF has any real chance—especially given his lack of support in the crypto community.
MCP’s Take—What Serious Traders Should Watch Next
This ruling isn’t just about who gets paid—it’s about how the FTX bankruptcy reshapes legal precedents for future crypto collapses.
The key questions now:
- Will this claim delay payouts for other FTX creditors?
- How will this impact regulatory crackdowns on crypto bankruptcies?
- Could FTX’s remaining funds be drained faster than expected?
At MCP News Private, we don’t just track the news—we break down how to trade these market shifts strategically. Inside ParadiseFamilyVIP, we provide professional crypto signals, strategic insights, and money management tactics so traders can navigate these events with confidence.
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The battle for FTX’s assets isn’t over—are you positioned for what comes next?
