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Sam Bankman-Fried, the founder of the FTXcryptocurrencies exchange, was fired by his lawyers because he refused to stop using the social media platform.
The Paul Weiss law firm dropped SBF because of his "incessant and disruptive" social media activity.
Martin Flumenbaum, a Paul Weiss lawyer, said in a statement that conflicts have arisen that precluded them from representing Mr. Bankman- Fried.
The founder of FTX was flying off at the fingers in the days after the exchange collapsed. SBF admitted in an interview with the New York Times that he had been making up things after the crash.
The departure of attorneys is bad news for Bankman-Fried, who now faces a lot of legal trouble over the FTX crash.
For someone like SBF, a certified nepo baby who at the beginning of the month was one of the most powerful figures incryptocurrencies and a major political donor, getting hit so publicly could mean that there's a sea change in the way institutions handle crises.
Sex, drugs, and Tom Brady have all been involved in the prurient saga. We'll definitely take the fact that it's not a smoking gun to implicate the polycule.
Sam Bankman- Fried admits the ethics stuff was mostly a front.