FTX's average daily legal expenses reach up to 1.5 million dollars

ChainCatcher news, the creditors' committee condemns the current pace of legal fee expenditures. Kris Hansen, the lawyer representing the FTX creditors' committee, stated that FTX's monthly legal fees have reached nearly $50 million, with a daily cost of $1.5 million. Hundreds of lawyers, financial advisors, and bankers are working almost full-time, and every dollar spent on legal fees reduces the amount available for repaying creditors.