north america 703 tradfi negative
Tensions ran high in court as lawyers representing BlockFi and 3AC clashed over the handling of the legal proceedings. BlockFi’s lawyer accused 3AC of prolonging the case and accumulating a hefty $16 million in legal fees. In response, 3AC’s lawyer deemed these comments inappropriate and reckless. He reminded the court that the founders of 3AC had abandoned the company, leaving the task of rebuilding its records, locating its assets, and safeguarding them for creditors. The courtroom drama reflects the deep-seated animosity between the two sides, highlighting the complex nature of the legal battle.

This News Article was automatically generated by Bob the Bot (AI)

Information Details
Geography North America
Countries
Sentiment negative
Relevance Score 0
People Adam Goldberg
Companies Latham & Watkins, 3AC, BlockFi
Currencies None Trading
Securities None

Leave a Reply