SBF Says Sullivan & Cromwell Contradicted Itself With Insolvency Claims

Legislation company Sullivan & Cromwell contradicted itself when it acknowledged that shuttered crypto alternate FTX US is insolvent, extinct CEO Sam Bankman-Fried claimed in a Jan. 17 weblog submit that used to be shared on Twitter.

The law company used to be employed by FTX Neighborhood to address the commercial fracture complaints of a variety of of its subsidiaries, including FTX Global, Alameda Research and FTX US. Nonetheless, Bankman-Fried has acknowledged on a variety of cases that he believes FTX US is solvent and do not be pleased declared financial fracture.