FTX Bankruptcy

  • FTX Bankruptcy Lawyers Were Not Complicit In Fraud, Report Finds

    FTX’s bankruptcy lawyers at Sullivan & Cromwell were not complicit in the fraud that led to the crypto company’s collapse, concluded a court-appointed examiner on Thursday. In November, a court convicted former FTX CEO Sam Bankman-Fried of stealing $8 billion from FTX customers. Creditors and investors accused the company’s lawyers at Sullivan & Cromwell of…