<p><img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMDYvMDE5NzlhYjUtM2YwNi03YTNlLWI3NzUtNWVhZjliYTgwZDY3.jpg" alt="FTX rejects 3AC’s $1.5B claim, citing ‘failed trading strategy’"></p><p>FTX lawyers argued that creditors should not serve as a “backstop” for Three Arrows Capital’s risky leveraged strategy.</p>