FTX bankruptcy fees near $20 million for 51 days of work

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FTX bankruptcy fees near $20 million for 51 days of work
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FTX's top bankruptcy, legal, and financial advisors billed the company more than $19.6 million in fees, according to Tuesday bankruptcy court filings.

FTX's top bankruptcy, legal, and financial advisors have billed the company more than $19.6 million in fees for work done in 2022, according to Tuesday bankruptcy court filings.

Those firms will only be paid a little over $15.5 million, or 80% of the value of their work, under a court-ordered interim compensation plan.FTX's top bankruptcy, legal, and financial advisors have billed the company more than $19.6 million in fees for work done in 2022, according to Tuesday bankruptcy court filings. More than $10 million of that was for work done in Nov. 2022, as Sam Bankman-Fried's crypto empireThe firms will initially only be paid a little over $15.

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