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A significant court ruling allows Three Arrows Capital to increase its claim against the defunct crypto exchange FTX, complicating the ongoing liquidation process.
Three Arrows Capital successfully expanded its bankruptcy claim against FTX from $120 million to $1.53 billion after a court ruling.
Digital Currency Group and its former Genesis CEO Michael Moro will pay a total of $38.5 million to resolve allegations of securities fraud linked to the collapse of Three Arrows Capital.
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