James Bromley, an attorney representing FTX, said FTX was Sam Bankman-Fried's 'personal fiefdom.' Binance's CEO wondered if Grayscale holds all the bitcoin it says it does. Bitcoin rebounded to above $16,000, _jocelynyang_ reports
the most abrupt and difficult collapses in the history of corporate America
,” James Bromley of Sullivan and Cromwell, an attorney representing FTX, explained during the company’s first bankruptcy hearing.
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