An independent investigation into Sullivan & Cromwell LLP, the law firm that oversaw, found that the firm was unaware of the dire financial conditions and underlying fraud that led to the collapse of the once-thriving exchange.
After the findings of the investigation were made public, Sullivan & Cromwell released the following statement: The market reacted to news of the acquisition negatively, and the FTX Token plummeted in value from roughly $22 to $5.50 in a single day of trading.
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South Korea's parliament approves independent investigation of the devastating 2022 Halloween crushSouth Korea’s parliament has approved legislation mandating a new, independent investigation into the 2022 Halloween crush in Seoul that killed 159 people
Source: sdut - 🏆 5. / 95 Read more »
South Korea's parliament approves independent investigation of the devastating 2022 Halloween crushSouth Korea’s parliament has approved legislation mandating a new, independent investigation into the 2022 Halloween crush in Seoul that killed 159 people. The single-chamber National Assembly passed the bill by a 256-0 vote on Thursday. It will become law after it’s signed by President Yoon Suk Yeol.
Source: AP - 🏆 728. / 51 Read more »
South Korea's Parliament OKs independent investigation of the devastating 2022 Halloween crushSouth Korea's Parliament on Thursday approved special legislation mandating a new, independent investigation into the 2022 Halloween crush in Seoul that killed 159 people.
Source: WashTimes - 🏆 235. / 63 Read more »