Objections Raised Over Appointment of Sullivan & Cromwell as Debtors’ Counsel for FTX

Objections Raised Over Appointment of Sullivan & Cromwell as Debtors’ Counsel for FTX


On Friday, bankruptcy judge John Dorsey approved the law firm Sullivan & Cromwell (S&C) to be appointed as the debtors’ counsel for FTX, despite an objection from Daniel Friedberg, a former FTX US compliance officer. During a Zoom presentation, Friedberg claimed there was a conflict of interest between former and current FTX executives and FTX US’ general counsel, as Ryne Miller once worked for S&C. Judge Dorsey, however, was not swayed by Friedberg’s 17-page objection and appointed S&C, stating that “there’s no evidence of actual conflict here.”

FTX Bankruptcy Raises Questions of Conflict of Interest and Odd Decisions

The day before bankruptcy judge John Dorsey approved Sullivan & Cromwell (S&C) to represent the debtors as legal counsel, James “Metalawman” Murphy published a Twitter thread explaining

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