TechFlow reports, according to CoinDesk, that Kris Hansen, the lawyer representing the FTX creditors' committee, stated that the bankruptcy of FTX incurs nearly $1.5 million in legal fees per day, with related charges approaching $50 million monthly. Hundreds of lawyers, financial advisors, and bankers are working on this case almost full-time. However, Hansen emphasized that every dollar spent in this case is essentially money that creditors will not recover.
Two months ago, a fee examiner from another law firm submitted a report reviewing the expenses for the first seven months of the case—totaling $200 million—and described these costs as "staggering."
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