Crypto Showdown: 3AC vs. FTX!

A US court has greenlit Three Arrows Capital (3AC) liquidators to increase their claim against the bankrupt FTX from $120 million to a whopping $1.53 billion. In Delaware, Judge John Dorsey dismissed FTX's objections, asserting that FTX delayed sharing crucial information with 3AC, leading to the supposedly tardy claim adjustment. 3AC argues FTX mishandled their assets amidst collapse, unlawfully liquidating $1.33 billion. This sparks broader tension in finance mecca between recovering fallen giants and untangling cryptic financial webs. Bankruptcies are the new Olympic sport!