FTX bankruptcy fees in the vicinity of $20 million for 51 times of work

FTX bankruptcy fees in the vicinity of million for 51 times of work

Essential Factors

FTX’s leading bankruptcy, lawful, and financial advisors have billed the corporation a lot more than $19.6 million in service fees for get the job done done in 2022, according to Tuesday personal bankruptcy courtroom filings.
About $10 million of that was for do the job finished in Nov. 2022, as Sam Bankman-Fried’s crypto empire entered bankruptcy safety in Delaware.
These firms will only be paid out a very little above $15.5 million, or 80% of the benefit of their function, below a court-ordered interim payment system.

Supply

Finance

‘We’re trying to shame them’: Upstart activist investors target America’s underperforming banks

October 28, 2025

Key Points Hedge fund HoldCo has emerged from relative obscurity to launch activist investor campaigns against three regional banks: Comerica, Eastern Bank and First Interstate. Founders Vik Ghei and Misha Zaitzeff tell CNBC exclusively about their next target, Columbia Bank, and their broader plans to challenge banking CEOs. The millennial upstarts are bringing activism back […]

Finance

Stocks making the biggest moves premarket: PayPal, UnitedHealth, Wayfair, Skyworks, UPS and more

October 28, 2025

Check out the companies making headlines before the bell Skyworks Solutions — The maker of high-performance analog and mixed-signal semiconductors climbed 19% after an all stock-and-cash deal to buy its rival Qorvo , which surged 17%. The combined company will be valued at some $22 billion. Qorvo shareholders will receive $32.50 in cash and 0.960 […]

Finance

Stocks making the biggest moves after hours: Nucor, Waste Management, F5, NXP and more

October 27, 2025

Check out the companies making headlines in after-hours trading. Nucor — Shares of the steel products manufacturer added 3% after reporting strong results for the third quarter. Nucor said its earnings per share for the period was $2.63 per share, exceeding its earlier guidance that suggested earnings would be between $2.05 and $2.15 per share, […]