Elon Musk's X and xAI all-stock merger broke Wall Street's rulebook by having the same advisers, Morgan Stanley and Sullivan & Cromwell, working on both sides
The tech titan can follow his own rules when he is combining two companies he owns, but the merger is still raising dealmaker eyebrows
Sam Bankman-Fried asks for a new trial in an appeal to the 2nd Circuit US Court of Appeals and directly attacks US District Judge Lewis Kaplan for alleged bias
and never changed his mind— was Michael Lewis. Jacob Shamsian / @jayshams : truly I don't really understand why advice-of-counsel was excluded. because the lawyers were fooled by SBF? seems like a q f...
A look at Sullivan & Cromwell's tangled FTX relationship, as SBF argues that the law firm set him up; the firm has made $100M+ in fees from FTX's bankruptcy
Mr. Bankman-Fried and his allies have blasted Sullivan & Cromwell, the New York law firm managing FTX's bankruptcy, for its tangled relationship with the crypto exchange.
Sam Bankman-Fried publishes a Substack post offering his account of how FTX collapsed, sticking to his claims of innocence even after ex-executives pled guilty
think there shouldn't be a paying option anymore... Dave Weisberger / @daveweisberger1 : https://www.wsj.com/... It is tiresome to read SBF's half truths. 1/ His claims about Binance are ludicrous. Th...
In a bankruptcy hearing, FTX lawyers say a “substantial amount” of assets have been stolen from accounts; client names and addresses will be redacted for now
Crypto is the cat with nine lives, but some wonder if FTX might be the last one. CNBC : FTX lawyer calls this case ‘a different sort of animal’ in first bankruptcy hearing Panda Security Mediacenter :...