FTX loses $53,000 every hour on bankruptcy fees

FTX, a once-prominent cryptocurrency exchange, has found itself grappling with substantial financial challenges, as unveiled by recent compensation filings. Over the three months leading up to October 31, the exchange reportedly incurred significant expenses, burning through approximately $53,000 every hour on bankruptcy lawyers and advisers. FTX court filings shed light on the financial... source: https://www.cryptopolitan.com/ftx-loses-53000-every-hour-on-bankruptcy-fee/