New York law firm Sullivan & Cromwell is expected to become Binance Holdings, Bloomberg reports
Ltd.’s independent oversight body. The move comes after the cryptocurrency giant reached a multibillion-dollar settlement with the U.S. government. Sullivan &
Cromwell leads a slew of lawyers and consultants as a candidate, likely to be led by former federal prosecutor and firm partner Sharon Cohen
The team led by Levin assumes the supervisory role. Law firm Sullivan & Cromwell previously handled FTX's bankruptcy.
Former FTX Lawyers Sullivan & Cromwell Poised To Be Appointed Binance Independent Monitor: BBG
