Sam Bankman-Fried, the convicted crypto mogul who is serving the first year of his 25-year prison sentence at the Metropolitan Detention Center in Brooklyn—and who now shares accommodations with P. Diddy—has long argued that his former lawyers at Sullivan & Cromwell screwed him over. Namely, according to the S.B.F. worldview, S&C, now the counsel for the FTX debtors, urged him to file for bankruptcy and then worked too closely with both the debtors and federal prosecutors in the ongoing case against him, enriching themselves with exorbitant fees in the process. Was it duplicitous? Ass-covering? Or perfectly legal and righteous, as Judge Lewis Kaplan has suggested? S&C denies all of Sam’s allegations against the firm, of course, a position also affirmed by FTX’s court-appointed examiner, Robert Cleary. Regardless, the Sullivan & Cromwell argument is perhaps S.B.F.’s meatiest bone to pick in his ongoing effort to overturn his conviction and/or to get a new trial.
Try Puck for free
Sign up today to join the inside conversation at the nexus of Wall Street, Washington, A.I., Hollywood, and more.
Already a member? Log In
- Daily articles and breaking news
- Personal emails directly from our authors
- Gift subscriber-only stories to friends & family
- Unlimited access to archives
- Exclusive bonus days of select newsletters
- Exclusive access to Puck merch
- Early bird access to new editorial and product features
- Invitations to private conference calls with Puck authors
Exclusive to Inner Circle only
Latest Articles from Wall Street
The Saks Financial Colonoscopy
The Ellison Way of Parenting
A History of Creditor-on-Creditor Violence
The Zaz–Ellison Dagger Contest
What Is Zaz TV Really Worth?
Make Berkshire Hathaway Great Again?
Zaz Is From Mars, the Ellisons Are From Venus
Get access to this story
Enter your email for a free preview of Puck’s full offering, including exclusive articles, private emails from authors, and more.
Latest Articles from Wall Street
“Larry Didn’t Show Up, and David Got Ahead of His Skis”
Ellison Irrevocable Trust Issues
The Ellisons at the Gates
Netflix’s $83B Math & The Ellison Hostile Meter
The Epstein Monologues
Wall Street Enters the “Cockroach” Wars
Zaz the World Turns
You have 1 free article Left
To read this full story and more, start your 14 day free trial today →
Already a member? Log In
Get access to this story
Enter your email to get access to one article and free previews of our private emails from Puck authors and editors.
Already a Member? Sign in
Latest Articles from Wall Street
The Spirit of ’29
Street Credit
Ellisonology 101
What Does Bloomberg Want for Bloomberg L.P.?
The Mag Seven Itch
The Brian Roberts–WBD Bull Case