The group of creditors behind the class-action lawsuit against Sullivan & Cromwell, the law firm advising FTX in its restructuring process, has reportedly dropped the case due to a lack of sufficient evidence, according to a report by Cointelegraph. The creditors had initially alleged that Sullivan & Cromwell had aided and abetted FTX's fraud and sought damages. The news comes after a series of high-profile developments in the FTX saga. Last month, FTX founder Sam Bankman-Fried was arrested and charged with multiple counts of fraud and money laundering. The company filed for bankruptcy in November 2022, leaving millions of customers and investors in limbo. ---