Sullivan & Cromwell Gets Go-Ahead to Represent FTX in Bankruptcy Proceedings, Despite Controversy

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“So what we have here, Your Honor, is a gentleman who ran this company into the ground – Mr. Bankman-Fried – sitting in his parents’ home in Palo Alto, California with an ankle bracelet on after being extradited from the Bahamas and charged with multiple crimes…So if you’re Mr. Bankman-Fried or, frankly, Mr. Friedberg, there’s a concern about what’s going on and what could happen to them,” Bromley continued.

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