FTX bankruptcy firm Sullivan & Cromwell tipped for Binance monitor role
The role will give Sullivan & Cromwell access to Binance records, including details on past and present employers, and its facilities.
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The role will give Sullivan & Cromwell access to Binance records, including details on past and present employers, and its facilities.
— Barbara Fried, FTX
Bankman and Fried argue that FTX's claims against them should be dismissed because neither of them "ever held an executive role of any sort.”
Recent filings show that FTX has been billed $1.45 billion in bankruptcy legal fees so far while it owes $1.42 billion to creditors.
David Mills also says that Bankman-Fried may be “at the very top of the list as the worst person I’ve ever seen do a cross-examination.”
— Bankman-Fried, FTX
Insurers are responsible for the legal fees of more than 20 former FTX employees, but it's claimed that not all received their fair share.
Jurors are set to begin deliberations in the trial of Sam Bankman-Fried -- but will they entertain his story and claims of ignorance?
Bankman-Fried's mother Barbara could be seen removing her glasses, bowing her head, and grinding her fists into her eyes for minutes on end.
On the first day of Sam Bankman-Fried's trial, government prosecutors and his own team affirmed that he had received no offer of a plea deal.
From the charges facing Sam Bankman-Fried to testimony and strategy, here’s all you need to know to follow the fraud trial of the decade.
Major law firms Sullivan & Cromwell and Kirkland & Ellis made $110 million and $101 million in fees respectively from crypto firm implosions.