FTX advisors billed the bankrupt firm for a whopping $103M in Q1

Law firms and consultants for FTX invoiced over $100 million in the first quarter, with March being the largest billing month to date.

Highlights

Five law firms billed FTX a combined $36.4 million between April 28 and May 2.
March was the largest billing month for the cryptocurrency exchange since Sam Bankman-Fried’s former empire filed for bankruptcy on Nov.
11.
New York-based law firm Sullivan & Cromwell billed $14.1 million in fees and expenses for March.
Consultants Alvarez & Marsal, AlixPartners, Quinn Emmanuel Urquhart & Sullivan and Landis Rath & Cobb billed $13.8 million in March.
FTX is set to cash in a total of $103 million over the first quarter of the year.

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