FTX Paid $12M Retainer to Law Firm Before Bankruptcy Filing

Before filing for bankruptcy, FTX paid its lead lawyers over $12 million to oversee the earliest parts of its Chapter 11 bankruptcy proceedings. According to court filings, the now-bankrupt cryptocurr...

FTX paid $12M retainer to a New York law firm before bankruptcy filing

Defunct crypto exchange FTX paid a retainer of $12 million to bankruptcy lawyers as security for payment of its fees and expenses amid Chapter 11 bankruptcy proceedings, shows a court filing dated Dec...