The fallout from the implosion of cryptocurrency exchange FTX continues to unfold as 3AC, a struggling crypto hedge fund, has filed a lawsuit against former FTX executives. The lawsuit alleges illegal actions such as insider trading and unauthorized liquidations, targeting Sam Bankman-Fried (SBF), Ryne Salame, and Caroline Ellison for their roles in the collapse. The allegations stem from accusations that SBF orchestrated the liquidation of billions of dollars worth of assets without proper justification, leaving investors vulnerable. 3AC’s co-founder Zhu Su has already accused SBF of orchestrating this massive liquidation, with details now surfacing through legal filings by 3AC’s joint liquidators, Russell Crumpler and Christopher Farmer, who plan to depose SBF under the Federal Rules of Civil Procedure.