“He leveraged this influence, in turn, to lobby Congress and regulatory agencies to support legislation and regulation he believed would make it easier for FTX to continue to accept customer deposits and grow.”…
Bombshell Emails Raise Questions about What Sullivan & Cromwell Knew About Fraud at Sam Bankman-Fried’s Crypto Firms…
Just four days before Sam Bankman-Fried’s crypto exchange, FTX, collapsed into bankruptcy, Sullivan & Cromwell law partner Andrew (Andy) Dietderich sent an email to an attorney representing Voyager Digital’s Official Committee of Unsecured Creditors in its bankruptcy proceedings, stating that FTX was “rock solid.”…
18 States Send a Message to FTX Bankruptcy Judge John Dorsey: We’re Watching You…
A showdown in the Delaware bankruptcy proceedings for Sam Bankman-Fried’s collapsed crypto exchange, FTX, before presiding Judge John Dorsey is scheduled for next Monday morning at 9:30…
Sullivan & Cromwell’s Crypto Clients Are in Growing Distress…
The 144-year old law firm, Sullivan & Cromwell, which previously prided itself on being the go-to law firm for Wall Street, decided a few years back to get deep in the swamp with all things crypto. That dicey decision is now playing out in negative headlines that are dragging down the reputation of the 900-attorney law firm…
Serious New Issues Emerge in Sullivan & Cromwell’s Deeply Conflicted Role in the FTX Bankruptcy Case…
…Hoda admonished Sullivan & Cromwell with this: “When you find yourself in a hole, stop digging.” Hoda also accused the 144-year old law firm of “gamesmanship” over its serial delays in advising the court of its seemingly endless conflicts in the matter…
FTX Says $413 Million Worth of Cryptocurrency Was Stolen from Failed Exchange…
Debtors for the bankrupt cryptocurrency exchange FTX have said that around $413 million worth of cryptocurrency was stolen from the company through “unauthorized transfers.”…
A Sam Bankman-Fried Company Loaned or Invested More Than $1 Billion in Clients of Its Law Firm, Sullivan & Cromwell…
by Pam Martens and Russ Martens at Wall Street on Parade In a January 12 Substack column penned by Sam Bankman-Fried, the indicted co-founder and former CEO of collapsed crypto exchange, FTX, he writes that “When I would visit NYC, I would sometimes work out of S&C’s office.” S&C is shorthand for the 144-year old […]
Look Here, House Drama and Quid Pro Joe’s Classified Docs, Don’t Look Here, the FTX Fix Is In…
The 18th article examining new developments in The Keystone of Corruption series [FTX/Ukraine] and Biden’s illegal retention of classified documents…
Sam Bankman-Fried’s Secret ‘Backdoor’ Discovered to Alameda Giving Him $65B Credit Line, FTX Lawyer Says…
Turns out Sam Bankman-Fried instructed FTX cofounder to create a “secret” backdoor to allow Alameda to “borrow” $65B of clients money, unbeknownst to them, which paid for planes, parties and hefty political donations…
Expert Warns Against Using Amazon Alexa to Make Donations to 2020 Candidates…
Want to see your favorite 2020 candidate on the next debate stage? Now you have the option of donating to their campaign through e-commerce giant Amazon’s Alexa-enabled devices — but experts caution your privacy could be at risk. Under a new feature called Alexa Political Contributions, starting on Thursday Amazon will let Americans donate to […]