The FTX bankruptcy liquidation team has rejected Three Arrows Capital's (3AC) $1.53 billion claim, sparking a legal battle between the two collapsed crypto giants. 3AC accuses FTX of illegally seizing assets, while FTX counters that 3AC defaulted. The case exposes FTX's internal fund misappropriation, regulatory failures, and the greed at the heart of the crypto industry. This dispute mirrors the chaos of crypto and echoes traditional financial crises. $1.5 Billion Bad Debt: How SBF Hunted Do...