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Sullivan & Cromwell, after surviving a push to kick it off the FTX bankruptcy, stands to reap huge fees to sort out the finances of Sam Bankman-Fried’s fallen crypto empire. The Wall Street law firm has more than 150 people working on the FTX case, including 30 partners with rates that exceed $2,000 per hour, […]
Perella Weinberg Partners LP London headquarters were searched this week as part of a German insider trading investigation. The investment bank was searched by officials on Jan. 25. Frankfurt prosecutors are looking into allegations that a London-based employee at the bank disclosed information on planned takeovers and other suspects traded on that, according to people […]
Disgraced former cryptocurrency mogul Sam Bankman-Fried has reportedly enlisted the services of a 75-pound dog who is trained to attack on command using a secret code word. The family of the fallen FTX founder recently purchased Sandor, a German shepherd who is described by Forbes magazine as “welcoming, but trained to attack with the utterance […]
Four senior U.S. officials in the Biden administration published a statement on Friday urging Congress to “step up its efforts” with respect to regulating the cryptocurrency market. The officials – Brian Deese, director of the National Economic Council; Arati Prabhakar, director of the White House Office of Science and Technology Policy; Cecilia Rouse, chair of […]