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Objections Raised Over Appointment of Sullivan & Cromwell as Debtors’ Counsel for FTX

<div>Objections Raised Over Appointment of Sullivan & Cromwell as Debtors’ Counsel for FTX</div>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 […]

Here’s One ‘Hell of a Trade,’ According to Ex-Goldman Sachs Executive Raoul Pal

FTX CEO Confirms Reports of ‘Unauthorized Access to Certain Assets,’ Team Is ‘Coordinating With Law Enforcement’

FTX CEO Confirms Reports of ‘Unauthorized Access to Certain Assets,’ Team Is ‘Coordinating With Law Enforcement’Following the reports that said FTX wallets were being drained and the FTX Telegram channel’s admins that detailed its possible malware might be present in FTX-related apps and websites, the company’s new CEO John Ray confirmed there were “unauthorized transactions.” The news was shared by FTX US’s general counsel Ryne Miller and retweeted by FTX’s […]

Here’s One ‘Hell of a Trade,’ According to Ex-Goldman Sachs Executive Raoul Pal