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.
The role will give Sullivan & Cromwell access to Binance records, including details on past and present employers, and its facilities.
The $500 million Sam Bankman-Fried invested in Anthropic might have tripled in value, but it still won’t repay the losses he caused at FTX.
FTX says it will repay creditors based on far lower bitcoin prices, spurring a group of customers to take legal action.
Customers of crypto exchange FTX will be repaid based on November 2022 bitcoin prices — when it filed for bankruptcy.
Bankrupt crypto exchange FTX has been cleared to sell $222 million of real estate in the Bahamas bought by senior staff during its heyday.