FTX, the collapsed cryptocurrency exchange, has paid more than $25 million to seven whistleblowers, according to a 210-page report by an independent examiner. The report also revealed that Fenwick & West, a California law firm, was the only firm with a comprehensive view of FTX and its affiliate Alameda Research. The law firm is currently under investigation as part of the FTX Chapter 11 bankruptcy proceedings. Additionally, the bankruptcy process has seen FTX lawyers and advisors charge over $500 million in fees so far. The report also noted that Brevan Howard Digital, Multicoin Capital, and the Solana Foundation were among the buyers of FTX's SOL tokens, with Galaxy investing $104.1 million in its own fund to purchase these tokens in Q1. A Crypto Billionaire’s Fund could potentially reap more than $1 billion from the FTX bankruptcy.
The FTX bankruptcy lawyers made over $500 MILLION DOLLARS so far Are they getting paid $1 million per day? Thats insane lmao https://t.co/f2qwaCGa68
[THE BLOCK] #FTX lawyers and advisors charged over $500 million in bankruptcy process so far
Breaking: @FTX_Official bankcrupcy lawyers and advisors charged over $500 million so far. Who pays this? - The setup is clear. - Fishyness is beyond fishy. - Something smells Bankcrupcy is filed. Immidiately each claim is turned into a US dollar claim at date of filing. So you…
Breaking: @FTX_Official bankcrupcy lawyers and advisors charged over $500 million so far. Who pays this? - The setup is clear. - Fishyness is beyond fishy. - Something smells
Breaking: @FTX_Official bankcrupcy lawyers and advisors charged over $500 million so far. Who pays this?
BREAKING: LEGAL FEES FOR FTX BANKRUPTCY HAVE BEEN APPROVED FOR OVER $500M
FTX lawyers and advisors charged over $500 million in bankruptcy process so far https://t.co/MGMQVNT7De
Couple of scoops about FTX's SOL sales: Brevan Howard Digital, Multicoin Capital and the Solana Foundation were among the previously undisclosed buyers Galaxy invested $104.1 million in its own fund that bought the tokens from FTX in Q1 https://t.co/NdppZgv7up
Fenwick & West was the only law firm 'entrusted with a birds-eye view' of what was happening at FTX and Alameda Research, according to bankruptcy examiner Robert Cleary. Read columnist @AlisonFrankel's take on the matter https://t.co/NVCfli61if https://t.co/PCNs7F4xXe
Fenwick & West was the only law firm “entrusted with a bird's-eye view” of collapsed cryptocurrency exchange FTX Trading, according to a report by an independent court-appointed examiner in the bankruptcy of FTX and affiliated entities. https://t.co/Gm88t7JXaa
This Crypto Billionaire’s Fund Could Reap More Than $1 Billion From The FTX Bankruptcy https://t.co/aVGZDgfSpT https://t.co/Ru2upxsXYd
The California law firm that acted as lead outside counsel for crypto exchange FTX until its collapse in 2022 remains under investigation in the FTX Chapter 11 bankruptcy, according to a report. Read @AlisonFrankel's column https://t.co/NVCfli61if https://t.co/zjyTUe8v4t
FTX paid more than $25 million to seven whistleblowers, an independent examiner found. Here’s what else was in the 210-page report. https://t.co/dMqWEtH5LK