👁‍🗨 Concerns Over Legal Fees in #FTX #Bankruptcy Former S

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👁‍🗨 Concerns Over Legal Fees in #FTX #Bankruptcy Former SEC official John Reed Stark has raised concerns regarding the profits made by the legal team handling the FTX bankruptcy case. 🚫 The FTX restructuring plan, initially under consideration, was abandoned, and there were no plans for a relaunch. The legal and advisory fees for FTX reached around $53,000 per hour in the quarter ending October 31, 2023, totaling millions over several months.

👁‍🗨 Concerns Over Legal Fees in #FTX #Bankruptcy
Former SEC official John Reed Stark has raised concerns regarding the profits made by the legal team handling the FTX bankruptcy case.
🚫 The FTX restructuring plan, initially under consideration, was abandoned, and there were no plans for a relaunch.
The legal and advisory fees for FTX reached around $53,000 per hour in the quarter ending October 31, 2023, totaling millions over several months.

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