Odaily Planet Daily News: Liquidators of the now-bankrupt cryptocurrency hedge fund Three Arrows Capital (3AC) are seeking at least $1.3 billion in compensation from Terraform Labs to make up for the losses the fund suffered after the collapse of TerraUSD and Luna tokens in 2022. Liquidators said in court documents that before the collapse of these tokens, Terraform induced 3AC to buy Luna and TerraUSD by manipulating the markets for these tokens "in an artificially inflated way." They claimed that the collapse not only wiped out 3AC's investment in these tokens, but also caused significant losses in other assets. (Bloomberg)