Judge Slams Senators’ Letter Targeting FTX Bankruptcy Lawyers

The Delaware judge overseeing FTX’s bankruptcy proceedings criticized four US senators for what he called an “inappropriate” letter, in which the lawmakers questioned law firm Sullivan & Cromwell’s role as the failed crypto exchange’s bankruptcy counsel.

The missive is “an inappropriate ex-parte communication,” Judge John Dorsey said in a Wednesday hearing in FTX’s Chapter 11 case. “It will have no impact on my decisions,” said Dorsey.

Four lawmakers, led by Sen. John Hickenlooper (D-Col.), argued in a Jan. 9 letter to Dorsey that the Wall Street law firm was a wrong fit for the role as FTX’s bankruptcy counsel due ...