Cryptocurrencies: 28927
Markets: 114032
Market Cap: $2,694,685,915,460     
24h Vol: $86,707,242,858
cryptonews 2023-01-14 16:25:00

DOJ Opposes Law Firm Tasked With FTX Investigation for Conflict of Interest

The US Department of Justice has opposed FTX hiring Sullivan & Cromwell, the law firm currently tasked with the exchange's investigation, citing potential conflicts of interest. In a recent legal filing, the US Trustee said it is objecting to the FTX decision due to two "overarching" reasons. In the first place, the law firm's disclosures are not wholly sufficient to "evaluate whether S&C satisfies the Bankruptcy Code’s conflict-free and disinterestedness standards," the DOJ said.... Read More: DOJ Opposes Law Firm Tasked With FTX Investigation for Conflict of Interest
esptco-banner img

Videos
  • COIN vs TOKEN | Difference Between Coin and Token | Simply Explained!

  • The Metaverse to Replace the Real World!

  • Stellar XLM: What is Stellar Lumen? EXPLAINED!

  • DCA: Dollar Cost Averaging in Crypto

Our Partners