FTX Creditors Sue Bankrupt Law Firm S&C, Alleging Fraudulent Involvement

FTX creditors are while searching damage against THE law farm Sullivan & Cromwell For It is Before participation with THE crypto exchange.

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FTX bankruptcy case has unfolded has A new chapter as THE Exchanges creditors to have deposit A class action trial against THE law farm monitoring THE case.

In A court deposit on Feb. 16, FTX creditors alleged that law farm Sullivan & Cromwell, Also known as SC, “actively” participated In THE "FTX Groups several billion dollar fraud," affirming that THE business benefited financially Since FTX fraud.

“S&C knew of FTX WE And FTX Trade Ltd. omissions, lying And fraudulent to drive, And diversion of Class Members' funds. Despite This awareness, SC stood has earn financially Since THE FTX Groups misconduct And SO agreed, has less implicitly, has to assist that illicit to drive For It is own gain. »

THE trial look for damage For A number of account, including...