DOJ appoints Unabomber prosecutor to lead new FTX investigation

The US Department of Justice's bankruptcy division has appointed Robert J. Cleary, the prosecutor in the "Unabomber" (UNABOM) case, to lead a new investigation into FTX. According to court documents, Cleary has been asked to review potential conflicts of interest involving Sullivan & Cromwell, the bankruptcy law firm for FTX. He has also been asked to review investigations conducted by FTX's new management team, creditors, and government regulatory agencies, and to examine whether other FTX employees were involved in fraudulent activity prior to the company's collapse in November 2022. It is reported that Cleary's appointment and investigation must be approved by Judge John Dorsey.