FTX creditors tap Paul Hastings LLP for representation: reports
FTX creditors will be represented by Paul Hastings LLP in the crypto exchange's high-profile bankruptcy proceedings.Paul Hastings was chosen from a pool of candidates by a nine-member committee formed last Thursday, according to The Wall Street Journal.
The ongoing bankruptcy proceedings for FTX see the company attempting to reclaim more than $1 billion spread around the world. Its founder and former CEO, Sam Bankman-Fried, was in FBI custody and extradited to the U.S. from the Bahamas on criminal charges. Caroline Ellison, the former CEO of Bankman-Fried's sister firm Alameda Research, agreed to a plea deal with the U.S. Department of Justice. FTX co-founder Gary Wang did the same.
Source
https://t.me/DeFi_Ethereum
