Legal Team Under Fire ⚖️

[cryptohog]

Bankman-Fried places responsibility for FTX’s downfall squarely on its bankruptcy lawyers, including Sullivan & Cromwell and John J. Ray III.

According to SBF:

Key FTX staff were dismissed within hours of takeover

Assets like Anthropic, Robinhood shares, Solana tokens, and FTT were sold far below potential value

$1B+ spent on legal and consultancy fees

SBF claims that if the exchange had continued, these assets could now be worth $136B, benefiting customers and equity holders.

[kelson10]

When lawyers become the story, you know the case is getting messy. ️

[alex10]

Accountability doesn’t stop at the execs — legal teams should face scrutiny too.