🔍 Investigation into the FTX bankruptcy reveals Sullivan & Cromwell LLP, the overseeing law firm, was oblivious to the exchange's financial woes and fraud. The firm, however, remains confident in their work, welcoming the findings. FTX's fall from grace, from a thriving exchange to filing for Chapter 11 bankruptcy, sparked suspicion and condemnation of Sullivan & Cromwell. Binance's failed attempt to acquire FTX, due to financial concerns and missing customer assets, further fueled the fire. FTX's collapse, a real-life soap opera, leaves us wondering, "What's next?" 🍿