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Tag: FTX

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Former FTX chief lawyer claims US legal counsel channeled business to S&C
Business Lawyers

Former FTX chief lawyer claims US legal counsel channeled business to S&C

by Charles SmithJanuary 21, 2023

A former chief lawyer for FTX has accused the company’s U.S. general counsel of channeling business enterprise to Sullivan & Cromwell (S&C), the organization at this time serving FTX as bankruptcy counsel.Daniel Friedberg, who was…

Judge in FTX bankruptcy case rejects motion to remove elite NYC lawyers
Business Lawyers

Judge in FTX bankruptcy case rejects motion to remove elite NYC lawyers

by Charles SmithJanuary 20, 2023

New York CNN  —  Just one of America’s elite white-collar regulation firms has emerged as a contentious figure in the complex FTX saga. A choose dominated that the bankrupt crypto system could keep Sullivan &…

Sam Bankman-Fried Worked in Office of Lawyers Now Investigating FTX
Business Lawyers

Sam Bankman-Fried Worked in Office of Lawyers Now Investigating FTX

by Charles SmithJanuary 13, 2023

Regulation company Sullivan & Cromwell has been criticized for its involvement in FTX's individual bankruptcy acquiring labored with the crypto exchange ahead of. The company explained its connection with FTX as "mainly transactional" in a…

FTX lawyers have recovered  billion in assets
Business Lawyers

FTX lawyers have recovered $5 billion in assets

by Charles SmithJanuary 11, 2023

New York CNN  —  FTX officers overseeing its individual bankruptcy have recovered extra than $5 billion in hard cash and other liquid belongings that may possibly be employed to help repay lenders, a law firm…

FTX Paid Crypto Bankruptcy Lawyers  Million for Early Work
Business Lawyers

FTX Paid Crypto Bankruptcy Lawyers $12 Million for Early Work

by Charles SmithDecember 24, 2022

Bankrupt crypto exchange FTX Ltd. paid out its direct lawyers far more than $12 million to handle the earliest portions of the carefully viewed Chapter 11 situation, in accordance to a Wednesday court docket submitting.Law…

FTX founder Bankman-Fried sent back to Bahamas jail
Medical Lawyer

FTX founder Bankman-Fried sent back to Bahamas jail

by Charles SmithDecember 20, 2022

FTX founder Sam Bankman-Fried was sent back again to a Bahamas jail Monday in a chaotic courtroom scene, just after a reported strategy for him to waive his extradition to the U.S. stalled. On the…

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