The DOJ raises a conflict-of-interest objection to FTX’s choice of attorneys.

Sam Bankman Fried, the US Trustee, and Senators are all concerned about Sullivan and Cromwell’s prior interactions with the cryptocurrency exchange. Separate filings from FTX CEO John Ray III and the official Committee of unsecured creditors supported the move to retain Sullivan & Cromwell.  The U.S. Trustee’s objections, according to FTX’s unsecured creditors, were based … Continue reading The DOJ raises a conflict-of-interest objection to FTX’s choice of attorneys.