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Will FTX investors file a new lawsuit against another law firm by the end of 2024?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Public court records or announcements from the involved parties
Story
FTX Investors Voluntarily Dismiss Lawsuit Against Sullivan & Cromwell Over Lack of Evidence
Oct 10, 2024, 11:15 AM
FTX investors have voluntarily dismissed their proposed class-action lawsuit against the prominent U.S. law firm Sullivan & Cromwell. The investors informed a Miami federal court of their decision to drop the case, stating that the evidence "just isn't there." Lead counsel Adam Moskowitz indicated that he is pivoting to pursue other parties, the "real bad guys," potentially responsible for losses related to the collapse of FTX.
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Yes • 50%
No • 50%
Ryan Salame's Sentence Reduced • 25%
Michelle Bond Indicted • 25%
New Charges Against Another Executive • 25%
No Further Actions • 25%
Criminal charges • 25%
Civil lawsuit • 25%
Settlement • 25%
No action • 25%
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With a corporate entity • 25%
With individual investors • 25%
No major settlement • 25%
New lawsuit filed • 25%
Settlement reached • 25%
Bankruptcy declared • 25%
No major legal action • 25%
Lawsuit against another exchange • 25%
Settlement with another creditor • 25%
Government investigation • 25%
No major legal actions • 25%
