Why SBF Thinks His Lawyers Sold Him Out
In the first episode of Coinage’s investigation into SBF’s upcoming defense, we looked at SBF's right-hand woman: Caroline Ellison. She is one of three FTX executives who have pleaded guilty, along with Gary Wang and Nishad Singh. This episode explores SBF’s claim that a fourth conspirator played an even larger role in FTX’s collapse: FTX’s legal partners at major law firms Fenwick & West and Sullivan & Cromwell.
It’s a lofty claim, and no doubt one that will be heavily scrutinized from all sides in the courtroom, but it’s also not without support – even from 18 state regulators and a bipartisan group of senators, who wrote, “given their long standing legal work for FTX, they may well bear a measure of responsibility for the damage wrecked on the company’s victims.”
Sullivan & Cromwell is now leading FTX’s bankruptcy process and is set to rake in nearly $800 million in legal fees over the next two years. SBF claims that money is being drained from customers, but what do they think?
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
SPECIAL REPORT: Inside Sam Bankman-Fried's Trial Defense Episode 1SBF’s Trial Defense Is Dissected By The Prosecutor Who Took Down Bernie Madoff
Leer más »
Overcrowded, No Heat, Little Light: Inside SBF's Prison DigsThe former CEO who founded FTX, Sam Bankman-Fried, is probably not having a great time as he awaits his criminal trial in federal court.
Leer más »
Ahead of SBF trial, alleged crypto crook’s mom redefines chutzpahThe SBF trial will start soon, and Sam Bankman-Fried’s mom is getting in on the action by calling her son’s prosecutors and others “McCarthyite.”
Leer más »
SBF TRIAL: 09/27 UPDATELatest news from the SBF Trial Newsletter
Leer más »
Inside Sam Bankman-Fried's Bahamas Penthouse, Before It All Came Crashing DownAt the FTX founder’s criminal trial next week, prosecutors will argue he knowingly misappropriated customer funds to bankroll his lavish lifestyle. I got a look at his life pre-arrest
Leer más »
Sam Bankman-Fried's trial to test dueling explanations for FTX’s collapseIn U.S. prosecutors' telling, Sam Bankman-Fried embezzled money from depositors in his FTX cryptocurrency exchange ever since he launched it in 2019, and the resulting shortfall led directly to its collapse as crypto prices swooned last year.
Leer más »