FTX's lawyers are reportedly making $2,000 an hour as they untangle the failed crypto exchange's chaotic finances
A Sam Bankman-Fried, founder and former CEO of crypto currency exchange FTX, sits after his extradition from The Bahamas with his attorneys Mark Cohen and Christian Everdell at his arraignment hearing in Manhattan federal court in New York City, U.S., December 22, 2022 in this courtroom sketch.FTX's lawyers are looking at a huge payday as they sort out finances at the collapsed crypto exchange, per Bloomberg.
Sullivan & Cromwell has 150 lawyers on the case, who are charging rates ranging from $810 to over $2000 an hour.Sign up for our newsletter to get the inside scoop on what traders are talking about — delivered daily to your inbox.
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