Three Arrows Capital (3AC) increases its lawsuit against FTX from $120 million to $1.53 billion. 💥
- 3AC accuses FTX of unfairly liquidating $1.33 billion in assets before the fund collapsed.
- Alleges FTX undervalued transactions and breached trust.
- FTX denies, pointing to an unknown initiator of the liquidation.
- Court hearing scheduled for November 20.
Meanwhile, 3AC is also suing Terraform Labs for $1.3 billion.