Sam Bankman-Fried's former top executive for his crypto hedge fund says the collapse of FTX left her feeling "relief that I didn't have to lie anymore." In emotional testimony in Manhattan federal ...

Sullivan & Cromwell's prebankruptcy work for FTX is drawing scrutiny from class-action plaintiffs and a court-appointed examiner. The law firm maintains it was unaware of the ongoing fraud as it ...

FTX users filed the lawsuit in 2023, accusing the law firm of playing “a key and crucial role" in "how the FTX fraud was accomplished.” FTX users and Fenwick & West have reached a proposed settlement ...

Feb 20 (Reuters) - A group of FTX investors has filed a proposed class action lawsuit against U.S. law firm Sullivan & Cromwell, claiming it participated in the defunct cryptocurrency exchange's ...

Sept 24 (Reuters) - Customers whose money was frozen when crypto exchange FTX entered bankruptcy in 2022 suffered in at least two ways from the U.S. government’s rush to prosecute FTX CEO Sam ...

FTX received court approval of its bankruptcy plan on Monday, which will allow it to fully repay customers using up to $16.5 billion in assets recovered since the once-leading crypto exchange ...