BlockBeats News, June 23rd. According to The Block, the bankruptcy trustee of FTX has recently objected to the $15.3 billion claim filed by Three Arrows Capital (3AC) and requested the court to fully dismiss it. The trustee stated that 3AC's losses were due to market fluctuations and its own withdrawals, unrelated to FTX. In March of this year, the bankruptcy court had approved an increase in 3AC's claim amount from $1.2 billion to $15.3 billion.

In November 2024, 3AC claimed, based on newly discovered evidence, that FTX had sold off $15 billion worth of assets in the two weeks before its liquidation event. However, FTX's lawyers countered that the claim was based on unreasonable assumptions, inaccurate data, and a disregard for facts. FTX pointed out that after the Terra collapse in June 2022, the balance in 3AC's account dropped below $240 million without replenishing the margin, and instead withdrew $18 million worth of ETH. FTX subsequently liquidated $8.2 billion in assets to prevent a $18 million loss in case of the account's bankruptcy. 3AC is required to submit a response by July 11th, and a hearing is scheduled for August 12th.