On November 14, Cointelegraph reported that the liquidator of the defunct crypto hedge fund Three Arrows Capital is trying to amend its claim against FTX, increasing its claim amount from $120 million to $1.53 billion. Three Arrows liquidators allege that two weeks before the hedge fund collapsed, FTX liquidated and seized their assets on the platform to settle 1.33 billion.
The liquidators of bankrupt cryptocurrency hedge fund Three Arrows Capital are seeking at least $1.30 billion from bankrupt TerraForm Labs to cover the losses the fund suffered following the collapse of TerraUSD and Luna tokens in 2022.