Law Firms Amass Wealth from High-profile Crypto Bankruptcies

Law Firms Amass Wealth from High-profile Crypto Bankruptcies

Prominent law firms Sullivan and Cromwell and Kirkland and Ellis have accumulated fees exceeding $700 million from noteworthy cryptocurrency bankruptcy cases. Sam Bankman-Fried’s FTX Trading Ltd, Genesis Global Capital, BlockFi, Celsius, and Voyager Digital are notable entities that have declared bankruptcy in recent years. These high-profile bankruptcy cases have become a lucrative opportunity for Sullivan […]