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In The Media

Bankruptcy Lawyers Minting Money

by Larry Chiang on September 21, 2023

Sullivan & Cromwell, the law firm responsible for handling the FTX bankruptcy case, and Kirkland & Ellis, the law firm responsible for handling the bankruptcy cases of three cryptocurrency companies including Celsius, earned $110 million and $100 million respectively, according to Protos, after combing through more than 5,000 court records. The New York Times reported that law firms and others made more than $700 million from cryptocurrency bankruptcies in the most recent year

 
 
Wu Blockchain
⁦‪@WuBlockchain‬⁩
Sullivan & Cromwell, the law firm responsible for handling the FTX bankruptcy case, and Kirkland & Ellis, the law firm responsible for handling the bankruptcy cases of three cryptocurrency companies including Celsius, earned $110 million and $100 million respectively, according…
 
9/6/23, 6:52 PM
 
 

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