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Category Sullivan & Cromwell

FTX creditor raises concern about bankruptcy managers’ excessive spending

FTX creditor raises concern about bankruptcy managers’ excessive spending

FTX Creditor Linda Favario has filed a complaint with the US Bankruptcy Court over the extravagant spending of the FTX Administrators. In her lette...
FTX investors drop lawsuit against law firm Sullivan & Cromwell

FTX investors drop lawsuit against law firm Sullivan & Cromwell

FTX investors have decided to back down from their legal battle against Sullivan & Cromwell. The group, which had previously accused the law firm o...
New probe sought into Sullivan&Cromwell’s role in FTX collapse

New probe sought into Sullivan&Cromwell’s role in FTX collapse

FTX examiner Robert J. Cleary has sought court approval to further investigate the role of law firm Sullivan & Cromwell LLP (S&C) and other matters...
U.S. Prosecutor: FTX Bankruptcy Lawyers Did Not Conspire With the Exchange

U.S. Prosecutor: FTX Bankruptcy Lawyers Did Not Conspire With the Exchange

Investigation found Sullivan & Cromwell unaware of FTX's fraud and financial issues.
$4.3 Billion Payment In Binance Plea Deal Approved By Judge

$4.3 Billion Payment In Binance Plea Deal Approved By Judge

As part of the Binance plea deal, the exchange must undergo monitoring by an independent firm for up to five years to ensure compliance. Read more....