FTX creditor Sunil Kavuri posted on the X platform that the law firm Sullivan & Cromwell (S&C) may propose an FTX plan that includes the following terms: exempting it from any crime; making the "puppet" John Ray responsible, without accountability.
He said that John Ray was not a victim, but he sent a victim impact statement to SBF, which was full of misinformation and even lies. FTX not only did not help with recovery, but deliberately destroyed the (asset) value of creditors, and FTX creditors suffered losses of more than $10 billion. When the new CEO took over FTX, the platform had 105 bitcoins, but did not mention about 55 million Solana (SOL). Because SBF transferred funds, FTX's cryptocurrency was not on the FTX platform, and the Alameda backdoor caused this situation, which is why creditors cannot get their cryptocurrencies back. Sunil said he would oppose any of its plans, and FTX creditors should do the same.
Earlier, Sunil posted on the X platform that Senators John Hickenlooper, Cynthia Lummis, and Thom Tillis wrote to Judge Dorsey of the FTX bankruptcy case, asking an independent investigator to investigate the low-price sale of SOL by FTX bankruptcy law firm Sullivan and Cromwell. Previously, Sullivan and Cromwell sold SOL worth $1.7 billion at a price of 64 USDT.