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3232Objections Raised Over Appointment of Sullivan & Cromwell as Debtors’ Counsel for FTX
https://www.digit.info/objections-raised-over-appointment-of-sullivan-cromwell-as-debtors-counsel-for-ftx/
Sat, 21 Jan 2023 20:30:18 +0000https://www.digit.info/2023/01/21/objections-raised-over-appointment-of-sullivan-cromwell-as-debtors-counsel-for-ftx/Read more]]>On Friday, bankruptcy judge John Dorsey approved the law firm Sullivan & Cromwell (S&C) to be appointed as the debtors’ counsel for FTX, despite an objection from Daniel Friedberg, a former FTX US compliance officer. During a Zoom presentation, Friedberg claimed there was a conflict of interest between former and current FTX executives and FTX […]
]]>Bankruptcy Lawyers Say FTX Was Operated by ‘Inexperienced and Unsophisticated Individuals’
https://www.digit.info/bankruptcy-lawyers-say-ftx-was-operated-by-inexperienced-and-unsophisticated-individuals/
Wed, 23 Nov 2022 17:30:08 +0000https://www.digit.info/2022/11/23/bankruptcy-lawyers-say-ftx-was-operated-by-inexperienced-and-unsophisticated-individuals/Read more]]>On Tuesday, the attorneys representing FTX told the court that a “substantial amount of assets have either been stolen or are missing” and further stressed to the bankruptcy court that FTX executives left the lawyers James Bromley and Sullivan Cromwell with limited information. Bromley further likened the former FTX CEO Sam Bankman-Fried’s (SBF) crypto empire […]
On Friday, bankruptcy judge John Dorsey approved the law firm Sullivan & Cromwell (S&C) to be appointed as the debtors’ counsel for FTX, despite an objection from Daniel Friedberg, a former FTX US compliance officer. During a Zoom presentation, Friedberg claimed there was a conflict of interest between former and current FTX executives and FTX […]
On Tuesday, the attorneys representing FTX told the court that a “substantial amount of assets have either been stolen or are missing” and further stressed to the bankruptcy court that FTX executives left the lawyers James Bromley and Sullivan Cromwell with limited information. Bromley further likened the former FTX CEO Sam Bankman-Fried’s (SBF) crypto empire […]