FTX will pay a total of $103 million to its lawyers and consulting firms in the first quarter

According to ChainCatcher, documents submitted in court by the bankrupt cryptocurrency exchange FTX show that in March, five law and consulting firms—Sullivan & Cromwell, Alvarez & Marshal, AlixPartners, Quinn Emmanuel Urquhart & Sullivan, and Landis Rath & Cobb—billed FTX a total of $36.4 million. The related bill amounts for January and February were $34.2 million and $32.5 million, respectively, meaning FTX will pay a total of $103 million for this in the first quarter. (source link)