Sam Bankman-Fried says he sometimes worked at the offices of the lawyers now investigating FTX after criticism of their past links
An FTX customer filed a motion in the Delaware bankruptcy court on January 4, saying that law firm Sullivan & Cromwell couldn't properly investigate the collapsed crypto exchange due to their past relationship.
The filing, seen by Insider, says FTX paid the law firm $20.5 million before its bankruptcy, and FTX US's general counsel was once a partner at the firm. Four senators, including Elizabeth Warren, then wrote to the judge overseeing the bankruptcy case to raise their concerns about Sullivan & Cromwell.He added that the letter"will have no impact whatsoever on my decisions in this case, which will only be based upon the facts and law presented by the parties.
"FTX US' GC came from S&C, they worked with FTX US in its most important regulatory application, they worked with FTX International on some of its most important regulatory concerns, and they worked with FTX US on its most important transaction," Bankman-Fried wrote.from customers, and blamed the law firm for"strong-arming and threatening" him into naming bankruptcy veteran John J. Ray III as CEO.
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