FTX Chapter Is ‘Very Costly’ However There is a Purpose: Auditor

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In simply over seven months, the legal professionals and restoration crew engaged on the bankrupt cryptocurrency change FTX have charged greater than $200 million in charges, which unbiased auditors say is justified given the sheer quantity of labor.

On June 20, state-appointed commissions investigator Katherine Stadler mentioned: It has been submitted A 47-page report on charges charged to legislation companies within the roughly three months following FTX’s Nov. 11 chapter concluded that it wasn’t “utterly unreasonable at this level.”

Cost by the hour

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