FTX paid $12M retainer to a New York law firm before bankruptcy filing

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FTX paid $12M retainer to a New York law firm before bankruptcy filing
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This happened: FTX paid $12 million to bankruptcy lawyers days before Chapter 11 proceedings.

Sullivan & Cromwell LLP , a law firm headquartered in New York City, received $12 million from West Realm Shires Services Inc. on behalf of FTX for legal services. In addition, the

Snippet of the court filing revealing FTX's historical payments to S&C law firm. Source: aboutblaw.com

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