{"id":73826,"date":"2023-02-09T12:52:00","date_gmt":"2023-02-09T10:52:00","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=73826"},"modified":"2025-09-09T16:30:23","modified_gmt":"2025-09-09T13:30:23","slug":"ftx-lawyers-fees-total-nearly-20-million","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/ftx-lawyers-fees-total-nearly-20-million\/","title":{"rendered":"FTX lawyers’ fees total nearly $20 million"},"content":{"rendered":"

Lawyers involved in the bankruptcy proceedings of the cryptocurrency exchange FTX have valued their services at roughly $20 million. This is evidenced by the \u0437\u0430\u044f\u0432\u043a\u0438<\/a> filed by various firms.<\/p>\n

The largest request came from Sullivan & Cromwell \u2014 $9.5 million for work from November 12 to November 30, 2022, and a further $105,000 for other expenses.<\/p>\n

\\\"FTX
Data: Sullivan & Cromwell filing.<\/figcaption><\/figure>\n

Earlier, several U.S. government officials and former FTX head Sam Bankman-Fried<\/a> expressed concerns about working with Sullivan & Cromwell, CoinDesk reports.<\/p>\n

The consulting firm Alvarez & Marsal billed $6.2 million for work from November 11 to 30. Additionally, it seeks $180,000 in expenses.<\/p>\n

Quinn Emanuel Urquhart & Sullivan billed FTX $1.5 million for more than a thousand hours of work from November 11 to December 31. The law firm Landis Rath & Cobb seeks $1.2 million for the same period. The consulting firm AlixPartners valued its work from November 28 to December 31 at $1.1 million.<\/p>\n

All of the listed firms are willing to accept 80% of the total amounts stated in the filings.<\/p>\n

Earlier it was reported that John Ray earned $690,000 for two months<\/a> as the new CEO of FTX.<\/p>\n","protected":false},"excerpt":{"rendered":"

Lawyers involved in the bankruptcy proceedings of the cryptocurrency exchange FTX valued their services at roughly $20 million.<\/p>\n","protected":false},"author":1,"featured_media":73827,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1300,1236,1375],"class_list":["post-73826","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bankruptcy","tag-ftx","tag-lawyers"],"aioseo_notices":[],"amp_enabled":true,"views":"35","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/73826","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=73826"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/73826\/revisions"}],"predecessor-version":[{"id":73828,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/73826\/revisions\/73828"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/73827"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=73826"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=73826"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=73826"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}