from some FTX creditors and U.S. lawmakers that its past work created a conflict of interest.
Monday’s filing in Manhattan federal court indicated that the one-time crypto billionaire would target Sullivan & Cromwell and current FTX CEO John Ray in his criminal defense as well. FTX and its Sullivan & Cromwell team have accused Bankman-Fried of presiding over a shocking lack of internal corporate controls and said their cooperation with the government was crucial to securing a quick indictment against Bankman-Fried and guilty pleas from other FTX executives.
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