Tag: Sullivan & Cromwell

Department of Justice building
May 13, 2024 BY Elizabeth Anderson

DOJ Appoints Specialist Company To Monitor Binance

This appointment comes after Binance’s founder and CEO, Changpeng Zhao, admitted to violating US money laundering and trade sanctions in November 2023. Zhao also stepped down as Binance CEO during this time and was sentenced to four months in prison in April 2024. Sources said that Forensic Risk Alliance was selected over other companies, including…

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February 19, 2024 BY Elizabeth Anderson

Investors suing law firm for its part in FTX fraud scandal

The law firm consented to assisting FTX and disgraced founder Sam Bankman-Fried with several legal matters for more than a year before the cryptocurrency exchange collapsed. The Moskowitz Law Firm launched the legal complaint on Friday, 16 February 2024. This is the same firm that acted on behalf of former investors against celebrities such as…

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