Investors in bust crypto firm FTX sue its former lawyers

Justin Wise

Today at 03:30

FTX investors sued Sullivan & Cromwell, accusing the law firm of aiding illicit schemes that helped advance a multi-billion dollar fraud before the crypto exchange's collapse.

Sullivan & Cromwell's services "went well beyond those a law firm should and ordinarily provides", the investor complaint said. "Lawyers were eager to craft not only creative but misleading strategies that furthered FTX's misconduct."

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Investors in bust crypto firm FTX sue its former lawyers

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