Law Firm Thunderstorm Strikes FTX Bankruptcy: Will the Dust Ever Settle?
The collapse of cryptocurrency exchange FTX has sparked controversy surrounding the actions of law firm Sullivan & Cromwell (S&C). Legal scholars allege conflicts of interest in S&C's involvement, particularly regarding their handling of FTX's bankruptcy proceedings and lucrative financial ties. The appointment of a new CEO and ethical concerns over S&C's actions further complicate the situation. Despite defenses and complexities, questions persist about S&C's role and the implications for stakeholders.
Sanya
