A U.S. bankruptcy court has granted Three Arrows Capital (3AC) liquidators permission to expand their claim against FTX to $1.53 billion. This ruling, issued by Judge John T. Dorsey in Delaware, dismissed objections from FTX’s debtors who argued that the amendment was untimely and introduced new legal theories. The Judge noted that the delay was primarily caused by FTX's failure to provide necessary records. 3AC's original claim filed in June 2023 was for $120 million but now includes allegations like breach of contract and unjust enrichment. 3AC, a once-prominent hedge fund that collapsed in June 2022, had over $3 billion in assets but faced challenges after investments lost value. The new ruling increases the complexity of claims as 3AC's liquidators continue to seek a larger recovery from FTX's bankruptcy estate, which holds significant implications for both parties involved.

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