From Bloomberg Markets and Finance.
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.
