🔍 Investigation into Sullivan & Cromwell, the law firm overseeing FTX's bankruptcy, reveals they were clueless about the exchange's financial woes and fraud. 🤷‍♂️ Even though they made false statements, they did so unknowingly. 😱

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. 💸

This news sent the FTT token spiraling from $22 to $5.50 in a day. 😵

What are your thoughts on this dramatic turn of events? Share in the comments! 👇