According to Bloomberg Law, FTX paid Sullivan & Cromwell, the law firm that manages its bankruptcy, $12 million for early work in FTX's application for Chapter 11 bankruptcy protection, which was paid before FTX filed for bankruptcy. Another law firm, Quinn Emanuel, served as a special counsel to FTX and its board of directors in litigation to seek legal claims that may arise from the bankruptcy estate, and the company received approximately $575,000 in the three months before FTX filed for bankruptcy.