Per WSJ
FTX declared bankruptcy and is now hiring former senior US regulators from the SEC and CFTC.
Steven Peikin, former SEC co-director of the Commission's enforcement division, was hired along with James McDonald, former CFTC director of enforcement. Both are partners at the Sullivan & Cromwell LLP law firm.
FTX also hired Nicole Friedlander from the Southern District of New York's attorney's office. She served as chief of the complex frauds and cybercrime unit and is also a partner at the Sullivan & Cromwell LLP law firm.
All enforcers were hired to help the new CEO investigate what went wrong.