Imagine a big company that invested in cryptocurrency went broke! Three Arrows Capital (3AC) was one of the biggest, and it lost a lot of money. Now, they're trying to get their money back from another company, FTX, that also went broke.
- 3AC is claiming FTX owes them a HUGE amount of money.
- FTX said 3AC was too late to ask for the money.
- A judge decided 3AC can ask for more money.
| Original Claim | New Claim |
|---|---|
| $120 million | $1.53 billion |
That's a big difference! It's like going from owing someone a small toy to owing them a giant mansion! This is a reminder that investing in cryptocurrency can be risky. No one knows for sure what will happen next.
