FTX Judge Backs Firm’s Lawyers, Rejects Last-Minute ‘Rumors’ (1)

The judge overseeing the bankruptcy of FTX Group refused to replace the law firm handling the failed crypto company’s Chapter 11 case, concluding that last-minute attacks on the lawyers were mere “rumors.”

US Bankruptcy Judge John Dorsey approved what is normally a routine request to hire a law firm — in this case, Sullivan & Cromwell, whose lawyers have handled some of the biggest insolvency cases filed in recent years.

Dorsey refused to allow a former top lawyer for FTX, Daniel Friedberg, to testify or to accept his last-minute court filing, which lobbed several conflict-of-interest allegations against the law ...