PANews reported on March 14 that 3AC co-founder Zhu Su pointed out on the X platform that FTX had illegally sold 3AC assets worth $1.53 billion in May 2022 and converted them into US dollars, not the $120 million previously claimed. He said that these assets were not lent to FTX and FTX had no right to liquidate them. Zhu Su called for FTX founder Sam Bankman-Fried (SBF) not to be pardoned and called for him to be sentenced to 250 years in prison.

Earlier news, a US court approved 3AC to expand its claim against FTX to US$1.53 billion .