FTX
Companies handling FTX's bankruptcy have submitted their applications for compensation.
  • Five firms dealing with FTX's bankruptcy submitted their first applications for compensation Tuesday.
  • Two of those deal with less than three weeks of work, and seek a total of $13 million.
  • Law firm Sullivan & Cromwell charges $2,165 an hour for the time of its partners, who did 2,267 hours of work.

Two of the firms dealing with the bankruptcy of crypto exchange FTX are seeking nearly $13 million for just under three weeks of work, court documents show.

Insider has reviewed five companies' applications for compensation, filed Tuesday in the Delaware bankruptcy court. The companies have marked down their hourly fees by 20%, but some other expenses are still asked to be fully reimbursed.