“What is Voyager Digital, and what do you do?” Sussberg said he asked. “I got a crash course in crypto.”
That was the start of an education that at this point might give Sussberg enough credits for an advanced degree in the murky world of cryptocurrency. In an industry swarming with lawyers, Sussberg has emerged as one of the busiest and potentially most important.
He represents three of the four major crypto exchanges that have filed for bankruptcy protection—Voyager, Celsius Network, and BlockFi—which together held billions of dollars in customer assets before they halted withdrawals. Sussberg’s work will help answer tricky first-time legal questions while determining how much, if anything, customers get back.
He’s also gunning to represent creditors of FTX, the failed exchange whose founder, Sam Bankman-Fried, now faces criminal charges. The committee is set on Monday to hear pitches from lawyers who will help a judge shape payout plans.
Source: The Busiest Lawyer in Crypto is Turning His Attention to FTX