⚠️ FTX_Official influencer got served via tweet, while the failed crypto exchange's advisors are raking in millions! Read more here: Could Twitter serving become a trend?
openly the federal judge’s authority, tweeting pictures of himself on a beach on the same day he was slated for an ordered court appearance.
The lead attorney representing the plaintiffs in the case – Moskowitz – claimed that Armstrong harassed the legal team with “endless phone calls, tweets, and emails,” voicemails “full of vulgarities,” and social media posts suggesting threats. The judge later banned Armstrong fromFTX collapsed over ten days last November with its disgraced CEO Sam Bankman-Fried on house arrest ahead of a trial in October.
Victims have lost million of funds as a result, but the advisers overseeing the ruins of the FTX Group will reportedly rake in $103 million over the first quarter. Five firms – Sullivan & Cromwell, Alvarez & Marshal, AlixPartners, Quinn Emmanuel Urquhart & Sullivan, and Landis Rath & Cobb – haveFTX a total of $36.4 million in March alone. The paychecks for these five law firms for January and February, on the other hand, stood at $34.2 million and $32.5 million, respectively.
New York-based Sullivan & Cromwell has billed the biggest invoice of $14.1 million in fees and expenses for March, taking its total all the way to $44.4 million in Q1.
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