FTX's lawyers and advisers cost $38 million for a month of work - and the bankrupt crypto exchange's new CEO charged $305,000 for February

Tue, 03/07/2023 - 10:53

John J. Ray III and Sam Bankman-Fried. — John Ray III and Sam Bankman-Fried.
Nathan Howard/Getty Images; Michael M. Santiago/Getty Images

The army of professionals working with FTX billed $38 million in expenses for January.
It includes hundreds of lawyers, consultants, accountants and others, according to CoinDesk.
FTX CEO John Ray III submitted a bill for $305,565 for the month of February.

Hundreds of lawyers, consultants, accountants and others working for FTX billed a total $38 million for the month of January alone, according to court records cited by CoinDesk.