FTX Owes More to Lawyers Than To Creditors in Bankruptcy Proceedings....😱😱

Legal Fees for Bankruptcy proceedings of FTX, the collapsed Exchange, have surpassed the amount owed to its Creditors...

Recent compensation fillings shows that FTX has been billed around $1.45 Billion by legal experts, while just over $1.42 Billion owed to its Creditors, The fillings also reveal that FTX has paid Lawyers a total of $350 Million since the Bankruptcy proceedings began earlier this year, with fees Averaging $1.4 Million per day from August to October. Concerns have been raised about the Excessive fees charged by the legal firms handling the FTX Bankruptcy....