The cost of FTX’s bankruptcy is approaching $1 billion, cementing the implosion of Sam Bankman-Fried’s crypto enterprise as one of costliest Chapter 11 cases in US history.
Nearly $948 million was paid to more than a dozen firms hired to work on the bankruptcy through Jan. 2, and more than $952 million in fees have been approved by the court, records show.
https://trib.al/XcicZuY
Author: Bloomberg Television
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News post in March 2, 2025, 12:01 am.
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