U.S senators have questioned whether lawyers should be involved in investigating wrong doing at FTX, given its history of legal work for FTX prior

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U.S senators have questioned whether lawyers should be involved in investigating wrong doing at FTX, given its history of legal work for FTX prior to the company filing for bankruptcy.

“As legal counsel is often central to major financial scandals, given their role in drafting financial agreements, risk management compliance practices, and corporate controls, it is perfectly reasonable to have concerns about the impartiality and manner that Sullivan & Cromwell will approach any investigation of FTX with,” the senators wrote.

Ted Dziekanowski

#crypto #ftx

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