đ Investigation into Sullivan & Cromwell, the law firm overseeing FTX's bankruptcy, reveals they were clueless about the exchange's financial woes and fraud. đ€·ââïž Even though they made false statements, they did so unknowingly. đ±
FTX, once a thriving exchange, filed for Chapter 11 Bankruptcy after a series of unfortunate events. Just a week before the collapse, Binance attempted to acquire FTX, but backed out 24 hours later due to concerns over FTX's financial position and missing customer assets. đž
This news sent the FTT token spiraling from $22 to $5.50 in a day. đ”
What are your thoughts on this dramatic turn of events? Share in the comments! đ
