List of Flash News about FTX bankruptcy
Time | Details |
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2025-06-24 20:00 |
FTX Disputes Three Arrows Capital's $1.53B Bankruptcy Claim in Court Filing
According to FTX's lawyers, the bankrupt crypto exchange argues that Three Arrows Capital (3AC) is owed nothing from its $1.53 billion claim, as 3AC's risky trading strategy caused its own collapse. FTX states that the actual value in 3AC's accounts was $284 million on June 12, 2022, with losses due to market declines and 3AC's withdrawals, not FTX's liquidation actions (source: court filing). This dispute could delay creditor payouts and impact market confidence in crypto exchange risk management. |
2025-06-24 09:05 |
FTX Rejects $1.53B Claim by Three Arrows Capital in Bankruptcy Court, Citing Risky Trading
According to FTX's court filing, the bankrupt crypto exchange argues that Three Arrows Capital (3AC) is owed nothing for its $1.53 billion recovery claim, stating that 3AC's own high-risk trading strategies caused its collapse during the 2022 crypto market downturn. FTX lawyers noted that 3AC's account value was only $284 million on June 12, 2022, and that FTX's liquidation actions benefited 3AC, with potential implications for FTX creditor distributions and broader market volatility as the hearing approaches on August 12. |
2025-02-26 15:10 |
FTX Bankruptcy Legal Fees Reach $948 Million, Among Costliest Since 2008
According to The Kobeissi Letter, the FTX bankruptcy has incurred $948 million in legal fees, distributed across more than 12 firms, as reported by Bloomberg. This situation ranks as one of the most costly bankruptcies since Lehman Brothers in 2008, highlighting significant financial impacts on stakeholders. |
2025-02-17 07:55 |
FTX Bankruptcy Auction Unlocks 11.2 Million SOL Worth $2.06 Billion
According to Crypto Rover, 11.2 million SOL from the FTX bankruptcy auction will unlock on March 1, with a total worth of $2.06 billion. This event involves major buyers such as Galaxy, Pantera, Figure, and other over-the-counter traders. The unlocking of such a significant amount of SOL could have substantial implications for the market, potentially affecting the liquidity and price of Solana in the trading landscape. |