Odaily Planet Daily reports that Three Arrows Capital (3AC) founder Zhu Su stated that based on his past experience, "selling at the top" is often riskier than selling during a decline, because the excitement of successfully catching the top can easily lead to premature re-entry and overconfidence. Zhu Su further pointed out that he suspects Garrett, after earning hundreds of millions of dollars from the 10·10 event, may also have been influenced by similar hubris, leading to higher risks in subsequent trades.

PANews, December 2 news, encryption platform Voyager Digital announced that its subsidiary Voyager Digital LLC has issued a default notice to Three Arrows Capital (3AC) due to 3AC's failure to repay previously disclosed loans, including 15,250 Bitcoins and 350 million.

According to Gate News bot, as reported by CryptoSlate, FTX bankruptcy lawyers strongly oppose the $1.53 billion claim made by the bankrupt cryptocurrency hedging fund Three Arrows Capital (3AC), stating that the request is "illogical" and warning that it would unfairly deplete the funds of FTX's legitimate creditors.

Gate News bot news, three months ago, a judge in the Delaware bankruptcy court allowed the defunct trading company Three Arrows Capital (3AC) to increase its claim amount against the FTX bankruptcy estate from $120 million to $1.5 billion. However, FTX's lawyers argued last Friday that the trading company's claims should be "entirely dismissed," stating that 3AC's losses were self-inflicted.

FTX's lawyers have requested the court to dismiss the $1.53 billion claim filed by Three Arrows Capital, arguing that it lacks a logical basis and stating that FTX should not be held responsible for 3AC's trading losses. 3AC must respond by July 11, and the hearing is scheduled for August 12.

PANews reported on June 23 that according to The Block, FTX's bankruptcy administrator lawyers recently objected to the $1.53 billion claim filed by Three Arrows Capital (3AC) and asked the court to dismiss it in full. The lawyer said that 3AC's losses were caused by market volatility and its own divestment, and had nothing to do with FTX. In March, the bankruptcy court allowed 3AC to increase its claims from $120 million to $1.53 billion. In November 2024, 3AC claimed that FTX sold $1.5 billion worth of assets two weeks before it initiated liquidation, citing the discovery of new evidence. However, FTX lawyers countered that the claim was based on unreasonable premises, inaccurate data and disregard of facts. FTX pointed out that after the Terra crash in June 2022, the 3AC account balance was less than $240 million, but it did not make up the margin and withdrew $18 million ETH. FTX then liquidated $820 million in assets

Gate.io News bot message, according to Etherscan data, OX FUN: Treasury minted 5.593 billion OX Tokens 3 days ago, worth approximately $11.2 million. This minting increased the total supply of OX Tokens by 131% from its original level, reaching 9.857 billion. The data shows that this batch of newly minted Tokens is currently still stored in OX FUN: Treasury and has not been released into the market for circulation. The price of OX remains at its original level. The OX FUN project was founded by Su Zhu, a former founder of Three Arrows Capital (3AC). As for this token minting event, the OX FUN official has not released any statement yet. Source: @oliversgriff.

3AC co-founder pointed out that FTX violated the liquidation of $15.3 billion in assets, which does not match the claimed $1.2 billion. They demanded a 250-year prison sentence for the FTX founder and the court approved 3AC's expanded claim against FTX.