💥 New drama alert! FTX reportedly sold $1.53 billion worth of 3AC assets on its exchange last summer—without a green light—just weeks before 3AC went belly up. Now, 3AC is looking for some serious compensation!
For those out of the loop, 3AC (Three Arrows Capital) is a big-name crypto hedge fund founded by Su Zhu and Kyle Davies back in 2012. They crashed in 2022 thanks to a market nosedive and massive debts, making it one of the biggest blows to the crypto world. 🚀💸 #CryptoDrama #FTX #ThreeArrowsCapital