Article • Mar 14, 2025
Teneo Reveals $1.5 Billion in 3AC Assets Liquidated by FTX Before Hedge Fund's Collapse

Summary
- FTX secretly liquidated $1.53 billion in 3AC assets right before the hedge fund's collapse, challenging initial market-driven narratives.
- Despite the $1.5 billion liquidation, Teneo estimates that 3AC creditors are still owed approximately $3.3 billion.
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