DOJ Objects to FTX’s Choice of Lawyers, Citing Conflict of Interest

“S&C’s disclosures as filed are wholly insufficient to evaluate whether S&C satisfies the Bankruptcy Code’s conflict-free and disinterestedness standards,” said Trustee Andrew Vara, a Department of Justice official responsible for bankruptcy cases. “The incomplete disclosures are a sufficient and independent reason to deny the application.”

Source: https://www.coindesk.com/policy/2023/01/14/doj-objects-to-ftxs-choice-of-lawyers-citing-conflict-of-interest/?utm_medium=referral&utm_source=rss&utm_campaign=headlines