Market Wrap: FTX Was Sam Bankman-Fried’s 'Personal Fiefdom,' Lawyers Said

📆 22/11/2022 22:45:00
📰 CoinDesk

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James Bromley, an attorney representing FTX, said FTX was Sam Bankman-Fried's 'personal fiefdom.' Binance's CEO wondered if Grayscale holds all the bitcoin it says it does. Bitcoin rebounded to above $16,000, _jocelynyang_ reports

the most abrupt and difficult collapses in the history of corporate America

,” James Bromley of Sullivan and Cromwell, an attorney representing FTX, explained during the company’s first bankruptcy hearing.

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_jocelynyang_ I'm hoping for a recovery at the end of the month and so I'm spending as much usdt as I can to buy bitcoin

_jocelynyang_

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