US Justice Department Chooses FRA Over Sullivan & Cromwell for Binance Oversight
The Justice Department has designated Forensic Risk Alliance (FRA) as the external monitor for Binance Holdings Ltd. This…
Browsing Tag
Sullivan Cromwell
6 posts
New Research Paper Sheds Light on Alleged Conflicts of Interest in FTX’s Chapter 11 Filing
A recent research paper on SSRN by legal scholars scrutinizes the ethical quandaries and potential conflicts of interest…
Binance’s alleged commitment to compliance faces fresh test in the Philippines
After being flagged for unauthorized securities offerings, Binance faces new hurdles as the Philippine SEC works with tech…
FTX advisors billed the bankrupt firm for a whopping $103M in Q1
After Sullivan & Cromwell, Consulting firm Alvarez & Marsal billed the second largest invoice for its finance and…
Lawyers, consultancy firms charge bankrupt FTX over $145M in 5 months
Consultancy firms and lawyers handling FTX’s bankruptcy have charged the failed exchange over $145 million for their five-month…
Bankruptcy Lawyers Say FTX Was Operated by ‘Inexperienced and Unsophisticated Individuals’
On Tuesday, the attorneys representing FTX told the court that a “substantial amount of assets have either been…