The FTX bankruptcy trustee is charging $18 million in fees (or however much he's charging) to run a team of people who have been auditing and unfucking FTX's and Alameda's books for the past four months, and will continue to for a long, long while going forward.
He's not paid $18 million to deal with any single problem with the money of a firm that kept no ~books, but had >100 offshore shell companies to conceal the flow of money, and a million people screaming at it that they are owed money. He and his team is paid to deal with the whole thing.
Also, about $10 million of that has been legal fees. [1]
He's not paid $18 million to deal with any single problem with the money of a firm that kept no ~books, but had >100 offshore shell companies to conceal the flow of money, and a million people screaming at it that they are owed money. He and his team is paid to deal with the whole thing.
Also, about $10 million of that has been legal fees. [1]
[1] https://www.cnbc.com/2023/02/08/ftx-bankruptcy-fees-near-20-...