Garrison et al v. Sullivan & Cromwell LLP
Case Number:
1:24-cv-20630
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Sectors & Industries:
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May 14, 2024
Sullivan & Cromwell Seeks To Ax Claims Of Aiding FTX Fraud
Sullivan & Cromwell LLP wants a Florida federal court to dismiss a proposed class action alleging the firm knew about and helped facilitate the massive fraud by FTX, saying customers of the cryptocurrency exchange platform fail to claim anything beyond a "series of speculative allegations with no factual basis."
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February 20, 2024
Sullivan & Cromwell Accused Of Aiding FTX Fraud
Sullivan & Cromwell LLP has been accused of knowing about and helping facilitate the massive fraud that brought down cryptocurrency exchange FTX while serving as FTX's outside counsel, and profiting on the back end by overseeing FTX's ongoing bankruptcy, according to a racketeering lawsuit filed last week.