FTX.US

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An intense courtroom scene with a judge, lawyers, and documents related to FTX and Sullivan & Cromwell. Background elements should include balance sheets, a broken piggy bank, and a gavel symbolizing legal scrutiny.

Court Calls for Further Investigations into FTX

Court-appointed examiner Robert J. Cleary released a report recommending more in-depth scrutiny into FTX's US division

Robert J. Cleary's report calls for deeper probes into balance sheet shortfalls, pre-bankruptcy sales, and potential conflicts of interest. Focus areas include FTX.US's asset management and legal representation by Sullivan & Cromwell.

May 24, 2024 08:00 AM

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