According to Cointelegraph, the legal and consulting fees for the FTX bankruptcy case have accumulated to $950 million, making it one of the most expensive bankruptcy cases in US history, second only to the Lehman Brothers case. Among them, restructuring consultant Alvarez& Marsal's expenses are close to $400 million, with legal advisor Sullivan& Cromwell costs over $300 million, while John Ray's consulting firm costs nearly $10 million. The overall legal and financial advisory fees are still increasing, and it is expected that the final cost may exceed $1 billion.
