The law firm Sullivan & Cromwell, representing the FTX bankruptcy case, charged $7.5 million for 19 days of work

ChainCatcher news, according to CoinDesk, court documents show that the law firm Sullivan & Cromwell charged up to $7.5 million during the first 19 days after FTX's bankruptcy.

The documents indicate that 32 partners, 85 legal staff, and 34 non-legal personnel worked over 6,500 hours, with some personnel charging as much as $2,165 per hour. Sullivan & Cromwell stated that the fees for senior staff have already been discounted, and the firm is only requesting 80% of the total amount of $9.5 million. (Source link)