FTX bankruptcy hits $1B in losses, making it one of the costliest in history

The 2022 collapse of FTX has become one of the most expensive Chapter 11 cases in U.S. history. According to a Bloomberg report, the fees associated with FTX’s bankruptcy proceedings have nearly reached $1 billion. As of January 2, $948 million had already been paid to a long list of law firms, with court records […] source: https://www.cryptopolitan.com/ftx-bankruptcy-hits-1b-in-losses-making-it-one-of-the-costliest-in-history/