S&C Uses Deceptive Tactics to Seize Control of FTX

FTX's bankruptcy law firm, S&C, is under scrutiny for potential conflicts of interest and bad ethics allegations. Two law professors said in a paper that S&C used "deceptive tactics" to wrest control of FTX and a private interest in the Chapter 11 bankruptcy from former CEO SBF. If S&C had waited a few more days to file for Chapter 11 bankruptcy, the academics said, SBF might have gotten new money.