FTX creditors have filed a class-action lawsuit against the law firm overseeing the exchange’s bankruptcy, Sullivan & Cromwell (S&C). The creditors allege that S&C actively participated in FTX Group’s multibillion-dollar fraud and benefited financially from it. According to court filings on February 16, FTX creditors claim that S&C had knowledge of FTX US and FTX […] The post FTX’s Legal Labyrinth: S&C Scrutinized Over Past Ties and Fraud Claims appeared first on Cryptonews.
FTX's Legal Labyrinth: S&C Scrutinized Over Past Ties and Fraud Claims
Crypto News - 18 Feb 2024 20:00
FTX creditors have filed a class-action lawsuit against the law firm overseeing the exchange’s bankruptcy, Sullivan & Cromwell (S&C). The creditors allege that S&C actively participated in FTX Group’s multibillion-dollar fraud and benefited financially from it. According to court filings on February 16, FTX creditors claim that S&C had knowledge of FTX US and FTX […] The post FTX’s Legal Labyrinth: S&C Scrutinized Over Past Ties and Fraud Claims appeared first on Cryptonews.
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