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US lawmakers call on court to approve ‘independent examiner’ in FTX bankruptcy case

In a Jan. 9 letter to Judge John Dorsey of the U.S. Bankruptcy Court for the District of Delaware, Senators John Hickenlooper, Thom Tillis, Elizabeth Warren, and Cynthia Lummis — a bipartisan group — called on the judge to approve a motion appointing an independent examiner into FTX’s activities prior to its collapse in November. The U.S. lawmakers said Sullivan & Cromwell, the law firm currently tasked with the investigation, had previously provided legal services to FTX and “one of its partners even served as FTX’s general counsel” — a perceived conflict of interest amid the firm’s bankruptcy proceedings.

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Source: Cryptocurrency - investing.com

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