PANews December 23 news, according to Reuters, FTX filed an application with a federal judge in Delaware on Wednesday evening, asking him to approve the payment of $1,575 to $2,165 per hour to partners and special counsel at Sullivan & Cromwell law firm. This salary level has exceeded the $1,300 hourly salary of FTX's new CEO John Ray. Bankruptcy experts say that the total legal fees for a complex case like FTX could exceed $100 million. The New York-based law firm Sullivan & Cromwell is representing FTX in the bankruptcy case and guiding it to return assets to customers. Before FTX went bankrupt, Sullivan & Cromwell represented the company in investigations and potential acquisitions by U.S. regulators, including FTX's proposed acquisition of the bankrupt crypto lending platform Voyager Digital. FTX had paid $8.56 million in legal fees to Sullivan & Cromwell before its bankruptcy.