As U.S. probes FTX collapse, employees turn to law firm Covington

The logo of FTX is seen at the entrance of the FTX Arena in Miami, Florida, U.S., November 12, 2022. REUTERS/Marco BelloNEW YORK, Jan 13 - Several FTX employees have turned to law firm Covington & Burling to help them deal with questions from U.S.

Employers pay for pool counsel, which represents employees who tend not to have significant exposure to criminal charges themselves, but may be unnerved by the process of speaking with authorities, Krissoff explained. Devlin-Brown joined Covington in 2016 following nearly 11 years at the U.S. Attorney's office in Manhattan. As a member of the office's securities and commodities fraud unit he prosecuted Steven Cohen's hedge fund SAC Capital Advisors, which pleaded guilty to insider trading.

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