🚀 **FTX Drama Unfolds: Lawsuit Dismissed!**
- FTX investors have dropped their class-action lawsuit against Sullivan & Cromwell (S&C).
- The suit, filed in February, accused S&C of aiding FTX's alleged fraud.
- Lead counsel Adam Moskowitz cited insufficient evidence for the dismissal, aiming to focus on other parties.
- Good news for FTX creditors: efforts now target maximizing recovery from 43 other responsible parties.
- This follows a judge's approval of FTX’s reorganization plan, aiming to repay creditors 119% of their claims.
Stay tuned for more crypto capers! 🤑