The saga of crypto collapses continues, and this time it’s a heavyweight legal showdown. Defunct crypto exchange FTX is pushing back hard against a colossal $1.53 billion claim filed by the now-collapsed crypto hedge fund, Three Arrows Capital (3AC). This isn’t just a minor dispute; it’s a fight over billions in the ongoing crypto bankruptcy […]
In a significant development catching the eye of market watchers, a notable entity often referred to as a WBTC whale has executed a substantial transfer. This address, with historical ties to prominent (and now largely defunct) crypto firms Alameda Research and Three Arrows Capital (3AC), recently moved a considerable sum of Wrapped Bitcoin (WBTC) onto […]
The crypto world is still grappling with the aftermath of the FTX collapse, but a new layer of intrigue is emerging. Binance founder Changpeng Zhao (CZ) has ignited a fresh wave of speculation by commenting on the close relationship between the now-bankrupt FTX exchange and the collapsed hedge fund Three Arrows Capital (3AC). His remarks, […]
Hold onto your hats, crypto enthusiasts! The rollercoaster saga of FTX and Three Arrows Capital (3AC) just took another dramatic turn. In a stunning development, a U.S. bankruptcy court has given the green light for 3AC to significantly amplify its claim against the now-bankrupt crypto exchange FTX. We’re talking about a jaw-dropping leap from a […]
In a fiery outburst that has sent ripples through the crypto sphere, Victor Ji, the co-founder of Manta Network, has unleashed a scathing critique against crypto market makers and OTC traders. Labeling them as nothing short of “leeches,” Ji’s candid remarks on X (formerly Twitter) paint a grim picture of how these entities allegedly exploit […]
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