The collapsed crypto exchange FTX racked up more than $19.6 million in fees from its advisers just for 2022 alone, according to a Tuesday court filing. Half of those fees were for work done last November.
CNBC reported that the bankruptcy reached such urgency that the courts had to mandate an interim compensation plan. The firms will be paid 80% of the value of the work, which translates to roughly $15.5 million.