The judge overseeing the bankruptcy of FTX Group refused to replace the law firm handling the failed crypto company’s Chapter 11 case, concluding that last-minute attacks on the lawyers were mere “rumors.”
US Bankruptcy Judge John Dorsey approved what is normally a routine request to hire a law firm — in this case, Sullivan & Cromwell, whose lawyers have handled some of the biggest insolvency cases filed in recent years.
Dorsey refused to allow a former top lawyer for FTX, Daniel Friedberg, to testify or to accept his last-minute court filing, which lobbed several conflict-of-interest allegations against the law firm. “There is no evidence of any actual conflict here,” Dorsey said during the hearing in Wilmington, Delaware.
