Court documents have revealed the eye-watering costs behind the ongoing FTX bankruptcy saga. Sam Bankman-Fried paid nearly $20m in fees between November’s collapse and the end of 2022.
The grandeur of this legal circus cannot be understated. On the defence team there are 151 staff members . This includes attorneys, accountants, and strategic advisors.
Work in the immediate aftermath of the seismic FTX implosion saw $10m billed at the end of November….
Read More: New Court Filings: FTX Racked Up $19.6 Million in Legal and Financial Advisor Fees in Just 51 Days – What’s Going On?